Cost recovery for GOAL
November 21 2007 - 5:48AM
UK Regulatory
RNS Number:1775I
UTV Motion Pictures PLC
21 November 2007
UTV Motion Pictures recovers production costs of Goal
UTV Motion Pictures Plc's ("UTVM" or the "Company") latest movie DHAN DHANA DHAN
GOAL, produced at a cost of $4 million, starring John Abraham, Bipasha Basu,
Arshad Warsi and Boman Irani, has already recovered its cost of production even
before its worldwide theatrical release on 23 November 2007.
The Company has entered into arrangements to syndicate satellite distribution
rights, music rights, territory pre-sales, home video distribution and in-film
advertising with brands including Reebok, Western Union, Gillette. All these
arrangements have contributed to recovery of the movie's production costs prior
to the release of the film. Additionally, these brands will offer media and
promotional support and Reebok will retail the Goal range across 535 outlets in
India.
The Company has also licensed the gaming rights of the film to Indiagames, which
has in turn entered into an arrangement with FIFA to launch the Goal-FIFA
challenge on the Games-On-demand platform.
The Company has entered into an agreement with ESPN Star Sports to integrate the
catch-line of Goal in their promotion of English Premier League matches to be
telecast on ESPN in the month of November.
For more on the film please logo on to http://www.goalthefilm.net
UTV Motion Pictures Plc +91 22 2495 2513
Siddharth Roy Kapur
Grant Thornton (Nomad) +44(0) 207 383 5100
Fiona Owen
Jermyn Capital (Joint Broker) +44 (0) 207 399 2020
Dharmesh Doshi
Bankside (Financial PR) + 44 (0) 207 367 8888
Simon Bloomfield or Andy Harris
About UTV Motion Pictures
Established in 1995, within UTV, UTV Motion Pictures has arrangements with
Hollywood majors -Walt Disney, Fox Searchlight, Will Smith's company Overbrook
Entertainment. Listed on the AIM London Stock Exchange UTV Motion Pictures has
played an active role in bringing the studio model to the Indian film industry
where it is able to leverage script development, budget and time management and
international distribution. Having become a strong player in Indian &
International cinema with the success of movies like Rang De Basanti, Khosla Ka
Ghosla, Metro, The Namesake & I Think I Love My Wife. It's forthcoming slate
includes Ashutosh Gowariker's 'Jodhaa-Akbar' starring Hritik Rosan & Aishwarya
Rai, Aamir Khan's directorial debut 'Tara Zameen par', Night Shyamalan's The
Happening', Anees Bazmee's 'Welcome' amongst others. UTV Motion Pictures is
working with a talent pool of directors that include Rakesyh Omprakash Mehra,
Vishal Bhardwaj, David Dhawan, Madhur Bhandkar. For more info log onto
www.utvmotionpictures.com
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