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Anil Kapoor to launch Dubai entertainment company

Dubai: Anil Kapoor, Bollywood actor and producer, chose Dubai to launch his dream project: a global entertainment company called Antila Ventures.

Kapoor is a leading Indian actor with over 35 years in the movie industry. He was a part of the blockbuster Hollywood movie ‘Mission Impossible — Ghost Protocol’, shot at the Burj Khalifa in Dubai.

“This entertainment company will contain different verticals, ranging from content creation, film making, state-of-art studio, talent management and acquisition to digital media as his gateway to international markets,” Kapoor said in an interview with Gulf news.

With the current media clusters in Dubai and the ease of doing businesses in addition to the facilities, Kapoor said that having a headquarter here will bring him a good level of certainty and the positive energy which can help ensure his international exposure very quickly.

“Given that I already have a presence in Mumbai, London and Los Angeles, today’s landscape is such that no company can be called a global one if it does not have its presence in Dubai. Hence we made sure that we set up an office here,” he said.

While not disclosing the value of the investment, he said that in the next few years, Antila will boast several additional verticals that will attract institutional players like funds focusing on the media and entertainment space.

“In the coming 20 years I expect this market to turn very huge in media and entertainment,” Kapoor said.

“Eventually, we are targeting an initial public offering (IPO) sometime in 2019-2020, because I feel by that time the business would have established a five-year track record,”he said.

Kapoor took a turn at producing movies with his critically acclaimed movie, ‘Gandhi, My Father’.

“I needed to get out of my comfort zone and have my project in Dubai — nothing better than this city to do this business, ” Kapoor said.

“Dubai is a market for all kind of entertainment. It is the market which attracts serious investors and only well-structured companies can survive in such an energetic market,” he added.