Animation outsourcing company Compact Disc India will float a wholly-owned subsidiary, Media One, in the United Kingdom at an investment of $50 million, for handling global motion and animated film projects.
The Chandigarh-based company, which has recently acquired the UK-based mobile gaming company Mobsoft for USD two million, also plans to produce a film called 'Guru of Sex', based on the life of Osho Rajneesh.
(Source: ET)
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