Independent studies have revealed that the growth of India’s Entertainment and Media (E&M) industry will touch a record breaking Rs. 1 trillion mark in the next 4 years (by 2011). The E&M industry is growing at a Compound Annual Growth Rate (CAGR) of 18%. It is currently floating around Rs. 437 billion and is expected to outgrow the country’s economy. This growth is party due to the several positive measures taken by the government. It has also been boosted by technological advancements and entry of large corporate players into all segments of the industry.
In the wake of all these out-growth frenzy in the Entertainment & Media Industry, here we have FUSE+Media, formed by Keyur Patel of Com Ventures as an entity for media investment in India. He is the Managing Director and CEO of FUSE+Media. On one of his quick black-berry-ed email while he rush off to United States, he informed me that FUSE+Media is planning to announce a series of deals in the Entertainment and Media industry. He further told me that it will focus primarily on TV, Film, Print, Radio and of course one of his love – the web. If I can guess it right, there will be announcement on the acquisition and/or stake buy-outs of a radio firm, security company that provides security to media events and perhaps some Production Houses and/or Animation Studios.