Universal Music India is set to purchase 30% of a Bollywood production company, Excel, in the hopes of increasing their presence in the fast-growing South Asian market.

As part of the deal, which values Excel at $290 million, Universal Music Group will receive global rights to all future original soundtracks attached to projects produced by the fast-growing Indian ...

Universal Music Group has taken a 30% stake in Indian film and digital content studio Excel Entertainment at a $257 million valuation.

Universal Music Group's strong moats, including a diverse revenue stream and ownership of top global artists, make it a compelling long-term investment. The music streaming market is expected to grow ...