There is a new player in the music segment. On Thursday, Suresh Productions said that it is going to float a music label named SP Music.
After being a prominent player in the world of Indian film production and distribution (besides playing a dominant role in the exhibition sector in Andhra Pradesh and Telangana), SP has added a new feather. SP Music will cater to the lovers of music.
In a statement, D Suresh Babu said that music has always been at the heart of our films. He added, "We recognize the need to distinctly celebrate it as its own. Carrying forward the legacy of Suresh Productions, SP Music aims to serve as a platform to produce refined music, and become an undaunted musical powerhouse."
At a time when an impression is gaining ground that music is not a profitable business in the age of smart phones and high technology, the Ramanaidu-founded company is raring to make a mark in the challenging field.