Captain Nawab Producers, ODDBALL Motion Pictures Receives 250 Crores Investment From Chanda Group For Films And Digital Content
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Tuesday, 16th January 2018, 06:00 PM IST ODDBALL Motion Pictures, founded by filmmaker Nitin Upadhyaya announced their association with Chanda Group. For the feature films and original digital video content that will be exclusively developed and produced by ODDBall Motion Pictures, Chanda group will be funding a seed capital of upto 250 Crores. This big deal will accelerate the production house develop feature films, long form and short form content across genres, and over time, a platform of their own. Chanda group’s managing director, Rahul Chanda shared his views on this and said, “Indian Film & Media sector is one of the fastest growing market and in a country which has an exceptional appetite for information and content, and it is about time that this sector is explored as a serious business avenue. This association with ODDBall Motion Pictures will help us to power forward in the Industry. They are passionate and developing some great content.” Nitin Upadhyaya said, “All a dream needs is a Dreamer. What Chanda group has offered is an unparalleled opportunity to produce and deliver high quality films and world-class entertainment content at an uncompromising scale. Over the past few years a lot of new avenues have cropped up that have taken precedence as the profit center in the media business than just the classic feature films, an encouraging example being the humongous growth of OTT platforms and content in India. While films will remain our key focus area, we now also plan to expand in the digital domain and venturing into South Indian film industry. We are very thankful for them putting so much trust in a relatively younger organisation like ours and we will forever strive to make them proud”. In 2017, ‘Behen Hogi Teri’ was produced by ODDBall Motion Pictures and they have several films in the pipeline. In 2018, they would be producing 7 films including Emraan Hashmi’s ‘Captain Nawab’. The lineup has three Hindi and two Marathi films to be released next year. Their first release will be Gulshan Devaiah, Sagarika Ghatge and Kunal Roy Kapur starrer bilingual thriller “Haadsa”. Now you can enjoy ad-free experience by downloading India’sfirst Box Office mobile app from here –Android: http://bit.ly/BOCapsuleMobileApp and iOS: bit.ly/BOCapsuleiOSApp |