Sony admits it is investigating its India operations

DashMajor

EntMnt Knight
I don't think after 2017 they even think about to purchase rights of IPL. Seems each and every chapter of Sony closing quietly.
 

IndianMascot

Core Member
Its not like that. If suppose A is the person who heads procurement then A quotes to the management that i need 30 crore to buy rights of a movies, A gets that and pays to the distributor , all this is shown in balance sheet of company. Now as A is involved in corruption with the distributor so actually the price paid to distributor is already inflated but only A and distributor know it and inturn Distributor is paying 35 percent of the amount as kickback to A. Soon company's balance sheet all is fine but A has got the black money from distributor once deal is done
In this case how is distributor managing his balance sheet?
 

Sanjeev

Core Member
I don't think after 2017 they even think about to purchase rights of IPL. Seems each and every chapter of Sony closing quietly.
You never know Sony they may once again get the rights of IPL if they bid higher against Star or any other distributor
 

IndianMascot

Core Member
His balance sheet must be simply showing that i got Rs. 35 Crore for XYZ movie , so on paper its fine, its just that he is paying black money to sony procurement head as a kickback
But bro why would be be paying tax for 35 crore when he actually not having that much amount
 

NinadG

EntMnt Contributor
Finest Member
Its well documentary about purchase amount of Dhoom 3 and Bhootnath. Sony bought D3 for 75 crore and Bhootnath at 25 crore.

During D3, media report said some other big broadcaster wants the rights quoting for 100 crore and pressure on Sony to sustain YRF's movie.

Even all analyst were shocked when Sony bought Bhootnath for 25 crore and Bachchan personally made from it despite of not a part in production. One thing is for sure such dealing is not new from years they're doing this.

Now I think Sony lost the opportunity to create a history to purchase PK at 100 crore, might be their producer missed the chance to sign such a profitable deal. Let's see what's the new bidding coming from Sony's side now or they become out from movies division too
Does that mean kickback of Rs 25 crs in the case of D3.......:eek:
Anyway we know that most of the dealings in film industry are in black.......
 

DashMajor

EntMnt Knight
Does that mean kickback of Rs 25 crs in the case of D3.......:eek:
Anyway we know that most of the dealings in film industry are in black.......
They bought D3 for 75 crore and Bhootnath for 25 crore don't how much black they made on this.
 

NinadG

EntMnt Contributor
Finest Member
"The email alleged that MSM India deputy president Sneha Rajani was allegedly routing all movie acquisitions for the channel via an external agent namely Manish Shah of Goldmines Telefilms, which in turn raised the cost of buying by as much as 35 per cent.
The email further alleged that Rajani also communicated to movie producers, who wanted to sell satellite rights for their films, to route their proposals through Shah."

If this is true then kickback amt till date may easily go into hundreds of crs.......
 
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