Manmohan Shetty

From Wikipedia, the free encyclopedia
Manmohan Shetty

Manmohan Shetty

Manmohan Shetty is an Indian entrepreneur who founded and developed Adlabs Films Ltd, one of India’s largest media and entertainment firms.[1]

Biography

Shetty was born and schooled in Mangalore in Karnataka. He later studied Arts at Mumbai’s Somaiya College, and started his career with Adlabs. He resigned as Chairman in 2008, after the firm had been sold to Anil Ambani’s Reliance in 2007.

Adlabs Films Ltd

Adlabs was founded his first company Adlabs Films Ltd. as an advertising films processing company in 1976. Soon, the firm ventured into feature film processing by setting up a state- of- the- art laboratory in Film City, Mumbai.He produced films like Ardh Satya, Chakra, Hip Hip Hurray, Holi and more. In the meantime Adlabs Films Ltd. went on to win the National Award several times for their technical contribution in Indian cinema. At first it did films for advertising; the first feature film it processed was Masoom, a Shekhar Kapoor film, and eventually it grew to be control the processing of almost 90% of the Hindi film industry. It specialized in enhancing 16mm films to 35 mm format. It won several national awards as best film processing laboratory.[2]

The company went public in 2000 and expanded into the film exhibition business. They launched India’s first and largest IMAX dome in 2001, at Wadala, Mumbai, and later before introducing the multiplex culture to India. Adlabs had close to 100 screens and a market capitalization of approximately $1 billion in 2008.

Walkwater Media Ltd.

Shetty established Walkwater Media Ltd in 2007. It is an integrated business encompassing production across films, television, animation, other media as well as intellectual property exploitation.[3][4] His two daughters, Pooja Shetty-Deora and Aarti Shetty are associated with the company. Pooja is the joint Managing Director; Aarti is the Creative Head of its Film Production Division. Both of them produced the 2010 hit film Tere Bin Laden.[5]

Adlabs Imagica

Shetty has started another entertainment project under the name of Adlabs Imagica. Adlabs Imagica, is a theme park built with the cost of 1600Cr INR, on a 300 acre site, located between Mumbai and Pune on the Mumbai-Pune Expressway.[6] The park has around 500 employees and can accommodate as many as 20,000 visitors at any given point in time. Shetty is targeting to host over above 3 million visitors in the first year of operations.[7]

Other activities

Shetty is also Ex-Chairman of National Film Development Corporation. He has also been associated as a producer with various films like Ardh Satya, Chakra, Hip hip Hurray, Aaghat and Holi. His production company, Entertainment One, has also produced films like, Gangaajal, Main Madhuri Dixit Banna Chahti Hoon, Inteha and Munnabhai MBBS.

Filmography

References

  1. ↑ BBC NEWS | Programmes | Hardtalk | Manmohan Shetty
  2. ↑ http://park.adlabsimagica.com/about-us
  3. ↑ http://www.whistlingwoods.net/main/peopleMoreInfo.action?advisoryId=99
  4. ↑ Manmohan Shetty floats Walkwater Media
  5. ↑ Inner Courtyard | Saikat Datta
  6. ↑ Sharma, Samidha (Nov 27, 2012). "Adlabs founder bets big on theme parks". The Times of India. 
  7. ↑ D’Monte, Leslie (2012-12-18). "For Adlabs, a lot rides on new theme park". Live Mint. 

External links

This article is issued from Wikipedia. The text is available under the Creative Commons Attribution/Share Alike; additional terms may apply for the media files.