GV Films to build ’studio cities’ in 23 locations

PTI

Chennai: GV films, a leading media company has announced plans of building ‘studio cities´ in 23 tier-two cities in south India in the next three years.

Each of these would cost approximately ₹ 20 - 40 crore, would have five screens, shopping malls and food courts, according to S Venkataramani, Vice President, G V Films.

The first one which is completed, would be opened soon at Thanjavur, he said.Total cost of the project would be around ₹ 700 crore and funding would be done through internal generation, he said

The company had won the prestigious Seoul Drama award, considered to be the Oscar for television serial, for its three dimension television sop ‘Mayavi´, the first to be won by an Indian company, he said.

It was selected from over 130 entries, he said. The company planned to dub the serial in other Indian and foreign languages, he said adding that it was negotiating with foreign producers for joint production of animated TV serials.