The big A
Big is Anil Ambani’s media brand and the name seems to define his ambitions in the sector. The world’s sixth-richest man, with a networth of $45 billion (Rs 1.93 lakh crore), will now be pumping in a billion dollars into razzmatazz’s ultimate pilgrimage, Hollywood—producing 10 movies over a period of 18 months.
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Big is Anil Ambani’s media brand and the name seems to define his ambitions in the sector. The world’s sixth-richest man, with a networth of $45 billion (Rs 1.93 lakh crore), will now be pumping in a billion dollars into razzmatazz’s ultimate pilgrimage, Hollywood—producing 10 movies over a period of 18 months.
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Anil Ambani
The company entered media and entertainment space in 2004, when Reliance Infocomm, then managed by elder brother Mukesh, was involved in active test runs for broadband TV and gradually moved into mobile entertainment.
Name: Anil D. Ambani Age: 48 Designation: Group Chairman & CEO Company: Reliance ADAG |
Today, Ambani’s entertainment business encompasses production, exhibition, music, home entertainment, radio, television software, IPTV, gaming and even social networking.
The company’s business model is based on the four-screen paradigm—Cinema Screen for filmed entertainment, multiplex and digital cinema business; TV-Screen for DTH and IPTV initiatives; PC-Screen for triple-play broadband services of content, voice over internet protocol (VOIP) and entertainment delivery through internet; and lastly, Mobile-Screen for content through its R-World portal. That, in effect, is a four-pronged attack to take on the likes of STAR India and Network 18—which should make for an interesting media stakeout.
—Anusha Subramanian