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Reliance MediaWorks Partnership with In-Three for 3D films

December 9, 2009 · Filed Under Adlabs · Comment 

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Reliance MediaWorks has partnered with Los Angeles-based In-Three to establish a facility in India that will convert 2D films and videos into 3D.

The facility, which will commence work from February next year, will address the growing demand by Hollywood studios and other global content creators for converting both new films shot in 2D as well as older titles to be released in cinemas and on home platforms in stereoscopic 3D.
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Adlabs Films renamed with Reliance MediaWorks

October 7, 2009 · Filed Under Adlabs · Comment 

Anil Ambani Group firm Adlabs Films said it has changed its name to Reliance MediaWorks as the new name more accurately reflects its identity as a diversified film and media services company.

The company’s name has changed Reliance MediaWorks Ltd effective from October 5, 2009. The company has received the certificate from the Registrar of Companies, Maharashtra registering the aforesaid change in name, Adlabs Films said in a filing to the Bombay Stock Exchange.
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Adlabs gets shareholders approval for name change, fund raising

October 3, 2009 · Filed Under Adlabs · Comment 

The shareholders of Anil Ambani group firm Adlabs Films have approved proposals entailing a name change of the company to Reliance MediaWorks and raising of additional funds.

Shareholders of the company at its meeting held yesterday have approved a special resolution for change in name of the company from Adlabs Films to Reliance MediaWorks, the company said in a filing to the Bombay Stock Exchange.
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Big FM to be listed on BSE and NSE as Reliance Media World Limited

August 3, 2009 · Filed Under Adlabs · Comment 

Big FM will now be listed on the Bombay Stock Exchange as Reliance Media World Limited.

The radio business of Adlabs Films Limited (AFL) namely Big FM was demerged from AFL into Reliance Unicom Limited pursuant to the approval of the Scheme of Arrangement under Sections 391 to 394 of the Companies Act, 1956 (Scheme), which was approved by the high court on 4 April this year.
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Adlabs Films focussing on film services: Anil Arjun

July 6, 2009 · Filed Under Adlabs · Comment 

Adlabs Films has come a long way from being India’s leading provider of post-production services to the film industry. The company has been trying to emerge as one of country’s leading entertainment companies with a presence across the entire value chain of the industry. Recently the company demerged its radio business and plans to list on the bourses. Besides, it has forayed into restoring and digitisation of old movies. Anil Arjun, CEO, Adlabs Films spoke with ET Intelligence about the company’s future plans.
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Adlabs posts Rs 345 cr revenue from Big Cinemas division

July 1, 2009 · Filed Under Adlabs · Comment 

Entertainment major Adlabs Films Ltd, part of Reliance ADA Group, has posted Rs 662 crore revenue from operation for the financial year ended March 31, 2009, up by 57 per cent from its corresponding figure in the last fiscal. The cinema division of the company has seen highest growth during the fiscal at 103 per cent and contributed revenue of Rs 345 crore to the company. While the revenue at film and media services grew by 51 per cent to Rs 135 crore, Big Synergy (non-fiction programming division) recorded growth of 38 per cent to Rs 40 crore, according to a company press release.
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Big Cinemas to screen operas and concerts in India

June 17, 2009 · Filed Under Adlabs · Comment 

Big Cinemas, part of Reliance ADAG promoted Adlabs Films Ltd, has partnered with London-based More2Screen to offer alternative content programme to its audience. As part of the plan, Big Cinemas will screen pre-recorded operas and concerts at selected multiplexes in India, according to the company.

Commenting on this development, Tushar Dhingra, COO, BIG Cinemas said, “Global awareness among Indian audiences has made them desirous for distinct international experiences. By screening opera at BIG Cinemas we are not just providing an enriching cultural experience to our audience but also giving them a chance to enjoy opera in the best seats and at a very affordable price.”
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“Kalavaramaye Madilo” in USA Theaters by Adlabs Films USA Inc

June 11, 2009 · Filed Under Adlabs · Comment 

Adlabs Films USA Inc, part of Adlabs Films Ltd, a member of the Reliance Anil Dhirubhai Ambani Group, is India’s fastest growing film entertainment company with a dominant position in Film Processing and DI services and Digital Cinema mastering; television content and is India’s largest cinema chain, BIG Cinemas, with over 390 screens across US, India and Malaysia.

Adlabs Films USA Inc is proud to announce it enter into an agreement with “Mohan Media Creations” to acquire the theatrical screening rights for upcoming film “Kalavaramaye Madilo”.
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Adlabs Films opposes Subhiksha’s merger with Blue Green Constructions

June 11, 2009 · Filed Under Adlabs · 1 Comment 

There is more trouble for Chennai-based retail chain Subhiksha. Anil Dhirubhai Ambani Group’s subsidiary Adlabs Films has filed a petition in the Madras High Court opposing Subhiksha’s merger with Blue Green Constructions Limited. CNBC-TV18’s Divya Rajagopal reports that what is the quantum of money that Subhiksha owes Adlabs because of which they don’t want this merger to take place.

Here is a verbatim transcript of Divya Rajagopal’s comments on CNBC-TV18. Also watch the accompanying video.

Adlabs Films has moved the Madras High Court opposing Subhiksha’s merger with Blue Green Constructions Ltd. Subhiksha owes Rs 43 lakh to Big FM, which is part of Adlabs Films. Adlabs Films wants Subhiksha to repay that money first and then go ahead with the merger.
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Big FM To Be Listed on the BSE and NSE In Two Months

June 5, 2009 · Filed Under Adlabs · Comment 

Big FM will be listed on the BSE and NSE within a couple of months in an effort to infuse funds for its business expansion and managing operations independently, reported Business Standard.

The move to list follows the no-objection nod from the Information and Broadcasting Ministry, allowing Adlabs Films’ proposal to de-merge radio operations from its overall business. Adlabs is the license holder of Big FM

Citing unconfirmed sources the Business Standard reported that Reliance Unicom, which will be the holding company of Big FM post its listing, might go for an initial public offer.

Source: rttnews