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UTV signs television syndication deals

Inks non-exclusive slate deals with multiple broadcasters including Colors, NDTV Imagine, B4U and Channel 4. UTV Motion Pictures has signed a series of non-exclusive television rights syndication deals amounting to Rs 95 crore. The deals are across their slate of 2008 and 2009 productions, from Oye Lucky! Lucky Oye! and Dev D to recent hits like Kaminey, Wake Up Sid and Kurbaan.

As part of the deal, Colors will telecast the premiere run of these movies in India, followed by NDTV Imagine. These channels will have the right to telecast a fixed number of runs of each movie. UTV has the right to further syndicate the television rights of these movies to any other channel in the same period.

In other overseas syndication deals, B4U has acquired the non-exclusive rights to air UTV`s movies across its international beams; and Channel 4 has acquired the rights to air these movies in the UK market.

The company made this announcement before the trading hours today, 01 December 2009.

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