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Leading Real Estate Firm To Foray Into Film Production!
By: Tupaki Desk | 16 March 2022 5:20 AM GMT
The Film industry has come a long way to reach the position where it is right now. Over the past 6-7 decades the industry went through an evolution process. As a turning point, big corporates and companies have started to venture into the industry which helped in bringing new technologies to the craft.
Joining the list of companies, another leading company is all set to make its way into the entertainment spectrum. However, the company is said to be entering the industry in a phased manner and the work for the same has been made already.
Going by the grapevine, the Hyderabad-based My Home Group of Companies, a leading name in real estate is eyeing the entertainment world. As a baby step, the company is reportedly making investments in leading production houses to get a small share in the profits.
This will add another feather in the company's cap as it had already proved it self successful as the partner of Telugu OTT Platform Aha and TV 9 channel. The company has a good amount of shares in both entities and it has been helping them to run the show. At a function, Icon Star Allu Arjun spoke highly about the company and said that Aha would not be the same if not for the collaboration of My Home Group.
If it's yet-to-be-started stint with the industry also turns successful the Group of Companies will be the first of its kind in the south to do so. The structure is new to us, but it is a well-practiced one in Bollywood.
It is also said that My Home Group of Companies made an agreement with the makers of two of the much-awaited films coming from Tollywood. To get a clear picture of how the process is done, the company representatives are actively taking part in the process and learning new things.
Based on the outcome of the two ventures, the company might increase its investments as partners with the production houses in the industry. Talks are underway with other production houses as well. If everything goes as per the plan, the company might enter a partnership with a few more production houses.
Joining the list of companies, another leading company is all set to make its way into the entertainment spectrum. However, the company is said to be entering the industry in a phased manner and the work for the same has been made already.
Going by the grapevine, the Hyderabad-based My Home Group of Companies, a leading name in real estate is eyeing the entertainment world. As a baby step, the company is reportedly making investments in leading production houses to get a small share in the profits.
This will add another feather in the company's cap as it had already proved it self successful as the partner of Telugu OTT Platform Aha and TV 9 channel. The company has a good amount of shares in both entities and it has been helping them to run the show. At a function, Icon Star Allu Arjun spoke highly about the company and said that Aha would not be the same if not for the collaboration of My Home Group.
If it's yet-to-be-started stint with the industry also turns successful the Group of Companies will be the first of its kind in the south to do so. The structure is new to us, but it is a well-practiced one in Bollywood.
It is also said that My Home Group of Companies made an agreement with the makers of two of the much-awaited films coming from Tollywood. To get a clear picture of how the process is done, the company representatives are actively taking part in the process and learning new things.
Based on the outcome of the two ventures, the company might increase its investments as partners with the production houses in the industry. Talks are underway with other production houses as well. If everything goes as per the plan, the company might enter a partnership with a few more production houses.
