theweekendreview
SALMAN KHAN TV, DEEPAK DHAR-LED BANIJAY ASIA TIE UP
Banijay Group, the production house behind reality hits such as Keeping Up with the Kardashians, has tied up with actor Salman Khan’s television production house Salman Khan TV to create content across television and web formats.
Banijay last month entered into an equal joint venture with Deepak Dhar, former managing director of EndemolShine India, as part of which he will head the company’s operations as founder and chief executive of the newly created Banijay Asia.
The partnership will see Dhar and Khan generate both fiction and reality shows, across genres.
AT $8,230 BILLION, INDIA 6TH RICHEST COUNTRY; U.S. TOPS THE LIST
India is the sixth wealthiest country in the world with a total wealth of $8,230 billion, while the US is the richest nation globally, says a report. According to the AfrAsia Bank Global Wealth Migration Review, the US is the wealthiest country in the world with a total wealth of $62,584 billion, followed by China ($24,803 billion) at the second place and Japan ($19,522 billion) at the third place.
“Total wealth” refers to the private wealth held by all the individuals living in each country. It includes all their assets (property, cash, equities, business interests) less any liabilities. We exclude government funds from our figures. Larger countries have an advantage due to higher populations.
SONY TO BECOME NO.1 MUSIC PUBLISHER WITH $2.3 BILLION EMI DEAL
Sony Corp. said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world’s biggest music publisher in an industry that has found new life in streaming services.
The acquisition, which gives Sony a catalogue of more than 2 million songs from artists such as Kanye West, Sam Smith and Sia, is the biggest so far by new chief executive officer (CEO) Kenichiro Yoshida.
The deal seeks to take advantage of the rapid growth in streaming music services like Spotify and Apple Music which has driven a recovery in the music industry.