Wednesday, January 24, 2007

Baba Arts Signs Agreement With Moser Baer

Baba Arts Ltd has informed that the Company has signed an agreement with Moser Baer to exclusively manufacture, market and distribute over 450 Telugu Titles of the Company. The agreement will entitle Moser Baer to exclusively manufacture market and distribute VCDs and DVDs of these titles in the Indian Market. This exclusive agreement with Moser Baer will be for a period of 8 years.The Company is the sole copy right holder of over 450 Telugu Titles and the agreement entitles Moser Baer to exclusive manufacture, market and distribute these Telugu Tides. The Company has entered in to this tie up as the Telgu Video Market is very buoyant and growing fast. With the manufacturing and marketing capabilities of Moser Baer, the Company will be able to exploit the vast potential to generate income and realize profits from its repertoire of Telugu Titles.The Company had entered into the space of Telugu Titles in home entertainment in 2006 year. Some of its leading titles are Bhakta Prahlad, 10 Class, Manasantha Noove, Veede, Bobby, Bombay Priyadu, Varshani, Chennakesava Reddy, Bhatka Tukaram, Dil, Illarikam and others.The Company has also entered into South Indian Film Production and produced a Tamil FilmNenjirukkum Varai, directed by well known director S.A. Chandrasekaran, which was released on December 15, 2006, and which is running successfully all over. The Company is planning to release Hindi movie Life Mein Kabhie Kabhie directed by Vikram Bhatt, in the month of March, 2007.

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