With the addition of five new radio channels, September 2007 was an eventful month for the digital and animation industry with the total number of private FM radio channels in the country reaching 120.

Essel Group’s direct-to-home (DTH) service provider, Dish TV India Ltd., is aiming to generate INR 1,100 crore. Arun K. Kapoor, the CEO of Essel Group commented, “It will be a combination of debt and equity.

EyeQube Studios Pvt. Ltd., a new subsidiary of Eros International plc, has been formed with an initial investment of around USD 5-7 million in October 2007. It will primarily manage the visual effects segment of all home productions and co-productions of Eros International.