Tips Music to invest up to Rs 180+ crore in music biz for FY 2023-24, including 10-12 big-ticket films in Tamil
Tips Music (Tips Industries Limited), India’s most-loved music label, renewed its ties with South film music by acquiring the audio rights of Mani Ratnam’s Tamil film-series, Ponniyin Selvan: I (PS-1) and Ponniyin Selvan: 2 (PS-2 ) in 2022. The success with PS-1 and other Tamil films has given them the impetus to focus and strengthen their market in the South in the new financial year. The music label plans to invest Rs 180+ crore for the FY 2023-24, which includes music rights of big-ticket films in the South. Tips recently launched the music of the upcoming film, PS-2 amidst much fanfare. Talking about the music label’s journey in South, Kumar Taurani, Managing Director - Tips Industries Ltd. (Music) said, “Tips, which dabbled in non-film music since 1988, entered Hindi film music market in 1988. We then got into music rights for South films with Kannathil Muthamittal (2002). Apart from a few more films in Tamil and Telugu. We also acquired two music labels in Telugu market