UNIVERSAL MUSIC INDIA ACQUIRES MAJORITY STAKE IN TM VENTURES, A LEADING INDIAN MUSIC & ENTERTAINMENT COMPANY

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TM Ventures Represents Some of India’s Most Successful Talent throughout Music, Comedy, TV and Film, Including: Arijit Singh, Nucleya, Badshah, Sunidhi Chauhan, Asees Kaur, Sunny M.R., Renuka Parwar, Kapil Sharma, Amit Trivedi, Ajay Atul, Vishal Bhardwaj, Rekha Bhardwaj, Amitabh Bhattacharya, Zubeen Garg and More

MUMBAI, India, Sept. 28, 2022 /PRNewswire/ — Universal Music India (UMI), a division of Universal Music Group (UMG), the world chief in music-based leisure, at the moment introduced that it has acquired a majority stake in one in all India’s main music and leisure firms, TM Ventures.  Together UMI and TM Ventures will work throughout its expertise administration, leisure consultancy and reside/occasions companies, accelerating UMI’s management of the home Indian non-film music business, and offering TM purchasers with the assets of UMI domestically in addition to UMG globally.

Universal Music India x TM Ventures.

Founded in 2020 by the extensively revered Indian entrepreneur Tarsame Mittal, TM Ventures has rapidly develop into the main title in Indian leisure, representing a roster throughout music, comedy, TV and movie that features among the nation’s largest abilities, together with: Arijit Singh; Nucleya; Badshah; Sunidhi Chauhan; Asees Kaur; Sunny M.R.; Renuka Parwar; Kapil Sharma; Amit Trivedi; Ajay Atul; Vishal Bhardwaj; Rekha Bhardwaj; Amitabh Bhattacharya; and Zubeen Garg, amongst others. 

A diversified leisure firm, TM Ventures consists of TM Talent Management, Entertainment Consultant, Music Plus (the nation’s main B2B digital publication), and Create and Collab, the producer of All About Music, India’s premier annual music convention.  Together, UMI and TM Ventures will provide enhanced companies, encapsulating just about all elements of an artist’s journey.  Spanning actions throughout expertise discovery, music creation, advertising and launch, reside occasions, model options, sync placements and extra—the excellent providing shall be distinctive within the Indian market.

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

Devraj Sanyal, MD & CEO, Universal Music India & South Asia mentioned, “It is a great honor to align with Tarsame, one of India’s most accomplished and respected entrepreneurs.  Universal Music India and TM Ventures share a belief in developing and boosting the careers of homegrown talent and artists.  Together, with Tarsame and his excellent co-CEOs Alaap and Saurabh, we will expand the scope of opportunities available to Indian artists and accelerate the growth of the Indian music market, building a new, more expansive model of services available from UMG to all Indian artists.”

Tarsame Mittal, Founder, TM Ventures mentioned, “At TM Ventures, we are ecstatic to begin our partnership with UMG.  We have grown TMV up to this point with great care, passion, and a single-minded vision to become the company we are.  We carry the learnings, vision, and passion on to this next level of growth alongside a robust global network which shares in the “artist first” belief as much as we do.  UMG’s experience, structure, process, access, and guidance will be the much-required support for us to work together towards our core goal of providing world-class services and opportunities to our artists in the most transparent and innovative ways.  My partners Alaap Gosher and Saurabh Abbi, our core team family, are very excited about being a part of the most trusted company in the music business globally.  This partnership with UMG will help us achieve that, and we can’t wait to get started.”

About TM Ventures

TM Ventures is a consortium of household companies, together with TM Music, Entertainment Consultant, Create and Collab and Music Plus, that locations priority on creating and sustaining long-lasting relationships with everybody affiliated with the corporate. As an extension of founder Tarsame Mittal’s imaginative and prescient, the corporate views leisure as a supply of sustenance for all, providing 360-degree options throughout the board.

About Universal Music Group

At Universal Music Group, we exist to form tradition by the facility of artistry. UMG is the world chief in music-based leisure, with a broad array of companies engaged in recorded music, music publishing, merchandising and audiovisual content material. Featuring probably the most complete catalogue of recordings and songs throughout each musical style, UMG identifies and develops artists and produces and distributes probably the most critically acclaimed and commercially profitable music on the planet. Committed to artistry, innovation and entrepreneurship, UMG fosters the event of companies, platforms, and business fashions with the intention to broaden inventive and industrial alternatives for our artists and create new experiences for followers. For extra data, go to www.universalmusic.com.

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