"Ghai's Mukta Arts Ltd has assigned the music rights of five of their forthcoming films to Super Cassettes Industries Ltd (T-Series) for Rs 60 million (Rs 6 crores).
The films include two directed by Subhash Ghai (one small budget and one multi starrer) " Subhash Ghai sells music rights of five films to T-Series By Johnny Vaz (16 January, 2007) MUMBAI: Bollywood's showman Subhash Ghai, who was until now been loyal to the Taurani Brothers - Ramesh and Kumar of Tips Music, has now turned to Bhushan Kumar's T-Series. Ghai's Mukta Arts Ltd has assigned the music rights of five of their forthcoming films to Super Cassettes Industries Ltd (T-Series) for Rs 60 million (Rs 6 crores). The films include two directed by Subhash Ghai (one small budget and one multi starrer) and three other small budget movies by outside directors. The films are: Bombay To Bangkok, Khanna And Iyer, Cycle Kick, Black And White and an untitled venture to be directed by Ghai himself. "Subhashji's prestigious banner Mukta Arts is back with us. We have acquired all his five forthcoming films. The last movie T–Series had released of Subhashji was Sanjay Dutt and Govinda starrer Ek Aur Ek Gyarah, which was directed by David Dhawan. With this deal we want to continue our associations with Mukta Arts forever," says T–Series chairman and managing director Bhushan Kumar. http://www.businessofcinema.com/2007/16jan/mukta_tseries.htm
