Tuesday, May 6 2025 | Time 01:44 Hrs(IST)
EntertainmentPosted at: May 5 2025 4:32PM


WAVES Bazaar garners Rs 1,328 cr in biz deals; Maha signs MoUs worth Rs 8,000 cr

Mumbai, May 5 (UNI) The inaugural edition of WAVES Bazaar or the marketplace, organised under the umbrella of the World Audio Visual and Entertainment Summit , recorded business deals or transactions worth Rs 1,328 crores across the film, music, radio, VFX, and animation sectors, official sources said.
Out of the total estimated outcome, Rs. 971 cr has been from B2B meetings alone, the sources said.
A key highlight of the Bazaar was the Buyer-Seller Market which witnessed over 3,000 B2B meetings. In a major achievement under international collaboration, Film India Screen Collective and Screen Canterbury NZ from New Zealand announced a collaborative proposal to launch the first-ever Indian Film Festival in New Zealand.
Only Much Louder CEO Tushar Kumar and Alexander Zharov, CEO of Russian firm Gazprom Media, announced early talks on a Memorandum of Understanding (MoU) to collaborate on cross-cultural festivals and co-produce comedy and music shows in Russia and India.
Prime Video & CJ ENM Multi-Year Collaboration declared a strategic partnership to distribute premium Korean content globally.
The other milestones include the announcement of the film ‘Devi Chowdhurani,’ which became India’s first official Indo-UK co-production, and the film ‘Violated’ which will be a co-production of Fusion Flicks from the UK and JVD Films.
The Maharashtra government added business value to the summit by signing MoUs worth Rs 8,000 crore at the summit that concluded on Sunday.
While MoUs worth Rs 1,500 crore were signed each with the University of York and the University of Western Australia, the state’s Industries Department signed MoUs worth Rs 3,000 cr and Rs 2,000 cr with Prime Focus and Godrej respectively.
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Tags: #WAVES Bazaar garners Rs 1#328 cr in biz deals; Maha signs MoUs worth Rs 8#000 cr
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