Mumbai based Maya Entertainment Limited (MEL) has clarified reports in the international press claiming that the Indian entertainment producer has merged with the US based Fortitude Studios.
Speaking to Animation ‘xpress, Rajesh Turakhia CEO of MEL categorically stated: “MEL is an independent studio providing services across the globe to major studios. Other than the existing investors we have no new financial tie ups or cross investments with anyone”
“MEL and Fortitude intend to join forces to execute certain projects initiated and financed by Fortitude. Fortitude has its strengths in the US in departments like pre-production, financing, distribution and marketing besides having a sound recording studio. MEL on the other hand has strengths in high quality cost effective production in India. The intention is to do all the production work for this relationship in India” he added.