Indian media company Eros International has entered into a joint venture with Red Carpet Films to co-produce three to four films per year.
Manish Goswami's Red Carpet Films is a Mukta Arts company.
In a separate deal, Eros has taken global distribution rights to three Mukta Arts releases: Nagesh Kukunoor's Bombay 2 Bangkok starring Shreyas Talpade and Lena Christensen, Subhash Ghai's Yuvraaj starring Salman Khan and Katrina Kaif, and Ghai's Black & White starring Anil Kapoor.
Sunil Lulla, president India for Eros said: 'We are excited about tying up with one of the leading veterans in the industry like Subhash Ghai. With this tie-up, we continue to focus on our strategic priorities that include presenting quality film content to discerning audiences. We are looking forward to leveraging Eros' global distribution in releasing this bouquet of prestigious releases by Mukta Arts.'
Subhash Ghai added: 'We are confident of reaching out to a wider number of audiences worldwide through their excellent distribution infrastructure.'
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