Bluegod Entertainment Explores Cricket Franchise Acquisition
Bluegod Entertainment Limited, renowned for its film production, is exploring a new venture. It is in advanced discussions to own a franchise team in Legends League Cricket (LLC), a move that could significantly diversify its business.
The acquisition would mark Bluegod's entry into the sports entertainment sector. Owning a team in LLC could open doors to sponsorships, merchandising, media rights, and celebrity collaborations. Bluegod's diversification aligns with global entertainment trends, as viewed by industry analysts. Despite no official confirmation, the potential value of LLC franchises is estimated to be between ₹8,000 to ₹12,000 crores, similar to IPL franchises.
Bluegod has already made its mark in the film industry, producing four major films including Jeevan Bheema Yojna and Roti Kapda Aur Internet. The company aims to keep shareholders and the stock exchange informed of any material developments regarding the LLC team ownership.
Bluegod's potential entry into the Legends League Cricket could transform it into a multi-dimensional entertainment powerhouse. While there's no official confirmation yet, the move signals Bluegod's ambition to expand its reach and tap into the lucrative sports entertainment market.
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