Again in April 2021, it was reported that the CEO of Reliance Leisure, Shibasish Sarkar, will spearhead the primary particular function acquisition firm – Worldwide Media Acquisition Corp., a New Jersey-registered firm. It was additionally revealed that the corporate “goals to lift $200 million-$230 million by means of an IPO on the NASDAQ alternate inside the subsequent 12-18 months.”
Now, a report in Selection states that large names from the Indian movie business are investing within the firm. Actor-producer-director Ajay Devgn, Vidyut Jammwal, filmmakers Mani Ratnam, Rohit Shetty, Imtiaz Ali, Luv Ranjan, and Neeraj Pandey are among the celebrities who’re investing within the firm. Shibasish Sarkar is the chairman, CEO, and main shareholder in his firm.
The report additionally revealed that many extra business names are supporting the enterprise – T-Sequence Head Honcho Bhushan Kumar, Mumbai Film Studio, Supriya Yarlagadda of Annapurna Studios, B.V.S.N. Prasad’s Sri Venkateswara Cine Chitra, S. Shashikant’s Y Not Studios, Deepa Tracy’s Storiculture, Vishwa Prasad of Folks Media and Syed Taher Ali’s Taher Cine Tekniq.
The board of administrators of IMAC contains Sanjay Wadhwa, Managing Accomplice of AP Worldwide Group, David Taghioff, CEO of movie funder Library Footage Worldwide; and Greg Silverman, present head of Stampede Ventures, former Disney India Govt Vishwas Joshi would be the Finance Director at IMAC; U.S. businessman Paul Pelosi Jr., Greenland govt producer Deepak Nayar and Suresh Ramamurthi, chairman of CBW Financial institution are among the large names.
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