Issue 16 There has not been much headway on this much publicised recent deal involving an equity pick up by a satellite channel in an Indian production company. Not much had become of the deal between this satellite major and another family-run production house earlier and the same seems to be the case with the recent deal as well, if sources are to be believed. In fact, this production company sold the international distribution rights of one of its recent film productions to an upcoming overseas distribution company rather than distributing it. Disclaimer: ‘Media 247.co.uk will be unable to respond to inquiries about the identities of parties concerned in Biz Asia’s Industry Whispers’.