News

PRESS RELEASE - Mumbai: Monday, May 27, 2013
Golden Bird Entertainment Plans The $60M "MUMBAI MEDIA CITY"

Mumbai: Golden Bird Entertainment announced at the Cannes Film Festival that they will soon commence operations of MUMBAI MEDIA CITY, India's largest Studio, Broadcast, Media Asset Management (MAM), and Media School Facility in Kandivali, Mumbai.

This Hollywood-benchmarked facility is aimed to provide Indian and International Film and TV crews with Sound Stages, Equipment Hire and Post-production, VFX and Animation, Rehearsal and Preview Theatres, Make-up Rooms and Hotel Accommodation. The facility will also have an Auditorium for Local and Global events like Award Functions, Music Nights, and Corporate Events.

MUMBAI MEDIA CITY will also restore, digitize and monetize content archives of TV networks and movie producers in its MAM centre in collaboration with the world’s best technology brand in this sector. In addition, the studio will also have broadcast uplink and downlink and a media school, both in partnership with the number one international brands in the respective areas.

Golden Bird Entertainment, in addition to MUMBAI MEDIA CITY, is also involved in producing, financing and worldwide distribution of Indian and International Film and TV projects. This comes at a much needed time where most of the key discussions at Cannes Film Festival were focused on combining International co-production opportunities with Indian production, financing, and distribution power.

Commenting on the same at Cannes, Union Ministry of Information and Broadcasting (MIB) Secretary Mr. Uday Kumar Varma said, “MUMBAI MEDIA CITY perfectly complements the recently commenced initiative of MIB for “Single Window Clearance” of International shoots and Co-productions. The facility provides not only world class shooting, post-production and all-India location shoot services but also offers financing and worldwide distribution for such projects. I see large possibilities of worldwide partnerships in Film and TV productions as international projects increasingly have stories that are set in India”.

Mr. Mohinder Walia, Founder and MD, Golden Bird Entertainment said, “The vision behind MUMBAI MEDIA CITY is to be the first-of-its-kind-in-India world class "One-stop shop" facility with a critical advantage of being competitively priced and conveniently located right in the heart of Mumbai city.

Formerly the Managing Director of Fox Television Studios India, Mr. Walia added that he has a private equity partner for MUMBAI MEDIA CITY and is looking for additional financing.

About Golden Bird Entertainment (www.goldenbirdentertainment.com)

Golden Bird Entertainment, with its global Film and Television expertise and strong international partnerships including Hollywood studios, is uniquely positioned to offer “One-stop Shop” services for Production, Funding, and Worldwide Distribution for Indian and International Film and TV projects. The company will soon commence operations of “MUMBAI MEDIA CITY”, India’s largest and first-of-its-kind Hollywood-benchmarked Studio, Broadcast, Media Asset Management (MAM), and Media School Facility right in the heart of Mumbai city. The company also consults Indian and global media and entertainment companies for business development and market expansion in India and global markets including finding joint venture partners, investors, and facilitating M & A deals.