News Summary

• In January, Universal Music Group acquired a 30% stake in Excel Entertainment.
• Through the deal, Universal gained global distribution rights for all future original soundtracks created for projects owned or controlled by Excel.
• The first single from the OST, which was put out last week, is ‘Do Numbari’ by Haryanvi hip-hop star Dhanda Nyoliwala, who is signed to Universal.
• It's likely that the major will enlist some of its international acts for features on Excel’s soundtracks.