Sunday, May 24, 2015

IFFF Investing 1000 Crore on the films directed by Prashant Singh (HITRON TELEVISION ENTERTAINMENT)

IFFF Investing 1000 Crore on the films directed by Prashant Singh (HITRON TELEVISION ENTERTAINMENT)

Prasant Rana, CEO of Hitron, said: Hitron has always been at the helm for delivering Bollywood and Event content in India and internationally.  This joint venture with IFFF is the natural step in our progression to build a creative film studio or production house and unique inhouse technology platform.  as colloboration provides a platform to bring the best of IFFF’s intellectual property, finance skills, and unique monetizing strategies to India, while also providing finance to develop the films or entertainment ontent.  Vinay’s vision and leadership, combined with the IFFF management team’s deep industry experience, makes them our ideal partners.”

No of films: 7 Bollywood Movie and 4 Hollywood Movie

Time Frame: 3 Years.

Funds are ready.

IFFF investing this much amount in the time frame of 3 Years in the films of Prashant Singh.

This strategic partnership represents an exciting opportunity for IFFF to significantly expand our presence into the film production and finance sector of this vibrant and growing marketplace while creating a bridge for developing and sharing content between Hollywood and Bollywood,” said Vinay Bajaj, CEO of IFFF.  “By 2020, India is set to become the world’s youngest country, and its citizens are adopting new technology platforms  – from smartphones to smart TVs – at a dramatic rate.  We are especially excited to work with Hitron and its impressive management team led by Prasant Rana, and this joint venture positions us well to deliver enthralling content across rapidly emerging distribution channels.”

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