Story perspectives
Universal Music Acquires 30% Stake in Excel Entertainment
1/6/2026
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Universal Music Invests
- Universal Music India (UMI) has finalized a deal to acquire a 30% stake in Excel Entertainment, valuing the studio at INR2,400 crore (approximately $266 million).
- Universal Music Group (UMG) will gain global distribution rights for future Excel soundtracks.
- Universal Music Group (UMG) will launch a dedicated Excel music label.
- Excel Entertainment founders Farhan Akhtar and Ritesh Sidhwani will maintain creative control.
