Universal MUSIC India acquires majority stake in leading Indian music and entertainment company TM VENTURES

TM Ventures represents some Indian The most successful talents in music, comedy, TV and film including: Arijit Singh, Nucleya, Badshah, Sunidhi Chauhan, Asees Kaur, Sunny MR, Renuka Parwar, Kapil Sharma, Amit Trivedi, Ajaatul, Vishal Badwaj, Reha Badwaj, Amitabh BhattacharyaZubeen Garg et al.

Mumbai, India, September 27, 2022 /PRNewswire/ — Universal Music India (UMI), part of Universal Music Group (UMG), a global leader in music entertainment, today announced that it has acquired a majority stake in one of India’s leading music and entertainment companies, TM Ventures. UMI and TM Ventures will work together on their talent management, entertainment consultancy and live/events businesses to accelerate UMI’s domestic non-film music leadership position in India and provide TM clients with UMI’s local as well as global UMG resources.

Founded in 2020 by widely respected Indian entrepreneur Tarsame Mittal, TM Ventures has quickly become a leader in Indian entertainment, representing the biggest names in music, comedy, TV and film, including some of the country’s brightest minds , including: Arijit Singh; Nuclear; Badshah; Sunedi Chauhan; Assi Kaur; Mr. Sunshine; Renuka Palwar; Kapil Sharma; Amit Trivedi; Ajay Atul; Vishal Badwaj; Reha Badwaj; Amitabh Bhattacharya; and Zubeen Garg et al.

A diversified entertainment company, TM Ventures includes TM Talent Management, entertainment consultant, music plus (the country’s leading B2B digital publication), and Create and collaborateproducer of all about music, Indian The premier annual music conference. Together, UMI and TM Ventures will provide enhanced services covering nearly every aspect of an artist’s journey. Spanning activities such as talent discovery, music creation, marketing and distribution, live events, brand solutions, simultaneous showcases and more – the comprehensive offering will be unique in the Indian market.

Adam Granite, Executive Vice President of Market Development at UMG, said: “We are delighted to be working with Tarsame Mittal and his team at TM Ventures. Together we will accelerate UMI’s India and South Asia, by expanding the range of services we offer and accelerating our artist development activities in order to introduce the best Indian talent to new audiences across the globe. “

Devraj SanyalMD & CEO, Universal Music India & South Asia Said: “It is an honor to be allied with Tarsame, Indian The most accomplished and respected entrepreneurs. Universal Music India and TM Ventures share a common belief in developing and promoting the careers of homegrown talent and artists. Together with Tarsame and his wonderful co-CEOs Alaap and Saurabh, we will expand the range of opportunities available to Indian artists, accelerate the growth of the Indian music market, and build a new and broader service model from UMG to all Indians Provide the artist. “

Tarsame Mittal, Founder, TM Ventures Said, “At TM Ventures, we are ecstatic to start our partnership with UMG. We have taken TMV with great care, enthusiasm and a single-minded vision to grow TMV into the company we are today. We take learning and vision, and Enthusiasm for the next level of growth and a strong global network that shares our belief in “artists come first”. UMG’s experience, structure, processes, access and guidance will be the much-needed support to work together towards our core goals , which is the most transparent and innovative way to provide our artists with world-class service and opportunities. My partners Alaap Gosher and Sohrab Abi, our core team family, is very excited to be a part of the most trusted company in the global music industry. The partnership with UMG will help us achieve this, and we can’t wait to get started. “

About TM Ventures

TM Ventures, a consortium of family-owned businesses including TM Music, Entertainment Consultants, Create and Collab and Music Plus, prioritizes developing and maintaining long-term relationships with everyone in the company. As an extension of founder Tarsame Mittal’s vision, the company sees entertainment as a source of livelihood for all, offering a full range of 360-degree solutions.

About Universal Music Group

At Universal Music Group, we exist to shape culture through the power of art. UMG is a global leader in music entertainment with a broad portfolio of recorded music, music publishing, merchandising and audiovisual content. With the most comprehensive catalog of recordings and songs covering every genre of music, UMG identifies and develops artists to produce and distribute some of the world’s most critically acclaimed and commercially successful music. Committed to art, innovation and entrepreneurship, UMG promotes the development of services, platforms and business models that broaden artistic and commercial opportunities for our artists and create new experiences for fans.For more information, please visit www.universalmusic.com.

Source Universal Music Group