Naman Ramachandran Sony Music Entertainment and Sony Pictures Entertainment have joined forces to create Sony Entertainment Talent Ventures India (SETVI), an entertainment company that will offer actors, musicians, sportspersons, gamers and content creators in India opportunities for co-ventures, metaverse solutions, brand partnerships and management.This is the first official cross-corporation joint venture for Sony Group in India.
India is on track to become the third largest consumer market by 2030 and sustains one of the largest local-language content creation ecosystems in the world.
SETVI aims to tap into this, using the combined might of the Sony Indian entities.Talent represented by SETVI will also benefit from potential partnerships and global opportunities across the wider Sony Group, such as Sony PlayStation and Sony Electronics.
Sony Music Entertainment’s reach spans Bollywood, Tamil-language film soundtracks and national and regional pop. Sony Pictures Entertainment includes Sony Pictures Networks, a broadcast division with over 700 million viewers; Sony Pictures International Productions, a film production studio; and streamer Sony LIV, which has 17.9 million paid subscribers.Vijay Singh, formerly CEO at Fox Star Studios India, will serve as SETVI CEO.
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