Ritesh

Universal Music’s stake in Farhan Akhtar, Ritesh Sidhwani’s Excel Entertainment boosts studio’s value to ₹2400 crore

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Universal Music India (UMI), a division of Universal Music Group (UMG), the world leader in music-based entertainment, formally announced that it has entered into an agreement with Indian production house Excel Entertainment. Universal has acquired a 30% stake in Excel, owned by Farhan Akhtar and Ritesh Sidhwani. The investment values Excel at ₹2400 crore ($266 … Read more

Universal Music Group acquires stake in Excel Entertainment; Farhan Akhtar, Ritesh Sidhwani to retain creative control

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Updated on: Jan 03, 2026 01:50 pm IST The partnership will be formally announced in a press conference where Maharashtra CM Devendra Fadnavis will also be present. Farhan Akhtar and Ritesh Sidhwani’s Excel Entertainment has joined hands with Hollywood giant Universal Music Group (International). The international conglomerate has acquired a minority stake in Excel, according … Read more