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Tips ropes in Sahas Malhotra as biz head for music

RnMTeam by RnMTeam
October 11, 2010
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MUMBAI: Sahas Malhotra, formely director – digital and new business development at Sony Music Entertainment India, has been appointed by Tips Industries as senior vice president and business head of its music division.

Malhotra will drive the music business of Tips across both the physical and non-physical revenue streams globally and will be based in Mumbai. He will report to Tips Industries chairman and managing director Kumar Taurani.

Comments Taurani, “With Sahas’s vast and successful track record in the areas of digital, broadcast, licensing and understanding of repertoire, Tips is confident of growing into an even more powerful player in the music business.”

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Avers Malhotra, “The music catalogue of Tips is a goldmine. Music of the 90s belongs to Tips with mega hits like Raja Hindustani, Taal, Mann, Raaz and many others. Add to this the successful track record of Tips’ recent releases like Ajab Prem Ki Gazab Kahani, Race, Prince and Mel Karade Rabba, the company is well positioned to fully participate in the dynamic opportunities in the broad spectrum of music entertainment.”

At Sony, Malhotra headed the company’s strategic business units of digital, media planning, buying, licensing, syndication and publishing.

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