Salman Khan's talent company UBT picks up strategic stake in Big Bang Media Ventures the holding company that owns premiere talent company Kwan.
The same company also owns Mantena Film Ventures, which has business related to film production, distribution, televsion production, music production, licensing as well as a new music label for independent artistes.
The strategic merger is of utmost benefit to both the parties, with the collaboration providing an edge to the operations of both the companies.
With this development, Kwan entertainment gains rights and access to UBT's talent roaster including Salman Khan while the superstar's company owns access to their talent and the entire infrastructure and services of Kwan entertainment and its affiliates including KWAN South.
Speaking about the development, Vikram Tanwar, co-founder of UBT says, `We are excited about this partnership and look forward to creating great synergy between the two companies.`
Producer Madhu Mantena adds, `We are delighted with the opportunity to partner UBT and look forward to building large, sustainable and transparent entertainment services.`
This one of a kind association between a Bollywood superstar with a premium talent agency Kwan entertainment is one of the biggest alliances of the industry this year.