Sony Music ties up with Punjab’s leading music company Audio Touch

  • Thread starter Thread starter Naveen Bisla
  • Start date Start date
  • Replies Replies: Replies 0
  • Views Views: Views 1,911

Naveen Bisla

Member
Joined
7 Nov 2011
Messages
1
Reaction score
0
Sony Music India has struck an exclusive licensing deal with Punjab's leading music company Audio Touch, giving it a 5% share of the Punjab music market, and taking Sony Music India's total market share in the $180-200 million Indian music industry to 15%.
Click here for free Newsletter subscription!

"The critical share to reach is 25% which we expect to reach over the next two years," says Sony Music India President Sridhar Subramaniam, who quotes an Ernst& Young report which pegs the Indian music market growth at 35%, a percentage expected to remain so over the next five years.

http://www.indiantelevision.com/mnd/y2k11/nov/7novgm1.php
 
Back
Top Bottom