timc magazine

Ambani brothers along with PeeCee made it to Variety’s top 500 leaders shaping entertainment industry list

by Vibhuti Gupta, Monday, July 23, 2018

Bollywood celebrities and other renowned Indian businessman leave no stone unturned to bring success to our country. Variety released their annual list of 500 leaders shaping the global USD 2 trillion, entertainment industry and we’re pleased to announce that billionaire Ambani brothers Mukesh and Anil and Bollywood superstars Salman Khan and Priyanka Chopra are among the dozen Indians named in the list.

Salman Khan ranked #82 at Times’ highest-paid entertainer list 2018

The list also includes veteran Bollywood writter-director Karan Johar, Star India CEO Uday Shankar, Essel Group Chairman Subhash Chandra, Aditya Chopra of Yash Raj Films, Balaji Telefilms’ Ekta Kapoor, Zee Entertainment CEO Punit Goenka and Siddharth Kapur of The Film and Television Producers Guild of India Ltd.

“Variety 500 is an index of the 500 most influential business leaders shaping the global $2 trillion entertainment industry,” Variety said on its website. “Updated annually, the Variety500 reflects the accomplishments of its members over the previous 12 months. They were selected by the Variety editorial board, which conducted extensive research for its selections.”

Walt Disney Company Chairman and CEO Robert Iger took the first place. Whereas, Wanda Media Group Chairman Jainlin Wang, actor producer Bradley Cooper, Sony Corp Chairman Kaz Hirai, writer J K Rowling, Netflix Chief Content Officer Ted Sarandos, pop star Beyonce, writer and director Patty Jenkins, Megal Ellison of Annapurna Pictures and Youtube CEO Susann Wojcicki also feature in the list.

Sharing about Salman Khan's great performance at the box-office, the website said, "Unlike his contemporary Khans whose fan bases are staid by comparison, every Salman release generates mass hysteria across India, a frenzy surpassed only by the fans of South Indian superstar Rajinikanth."

Richest Indian businessman Mukesh Ambani’s “USD 30 billion investment in Jio is a big deal there in digital entertainment, the fastest growing segment of the Indian media scene,”  Variety said.

"India is poorly connected, with only some 200 million internet users and more than 800 million mobile connections with slow and expensive data. Jio aims to tap into the vast number of people who consume media on their mobile devices by providing high-speed data at costs that are at a fraction of their local competitors,” it said.

“Ambani has been pushing deeper into media at the same time that his brother, Anil Ambani, has been slowly backing out of the sector with his rival outfit, Reliance Group,” it added.

Expressing Priyanka Chopra's great contribution to the cinema, Variety said that she changed her engineering career into something unforgettable after winning the 2000 Miss World Pageant.


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