UTV has pulled a major coup by signing up deals with International production houses like Fox Searchlight, Will Smith’s Overbrook and Sony Pictures for about $ 37 million. Not only will Ronnie Screwvala, CEO of UTV Motion Pictures will be a very rich man, but this deal will finally expose Bollywood to a more global setting.
In fact UTV and Fox Searchlight have already announced a joint
production called “I Think I Love My Wife”, starring Chris Rock. Another deal with Will Smith’s Overbrook is also in the pipeline where the two production houses would come together and to create films and distribute them worldwide.
“UTV is focused on collaborating with like-minded partners like Fox, Sony and Will Smith to produce entertainment for global audiences. For UTV, these projects are a big step in reaching key North American markets and expanding our presence globally. UTV has made the biggest commitment by any South Asian media major to international co-productions and we will continue to lead the way in this regard."
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