PEN has aquired Mtunes.

Vishnu777

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Gada, who is also venturing into Gujarati space with 'GujjuBhai 2' and 'Chitkaar', says that he will make a couple of films annually in this language, too. About his new films, he concedes he's yet to green-light projects as he recently acquired MTunes and is planning three more channels. "Now we're into broadcasting as well. The idea is to reduce the Prints and Advertising (P&A) cost on films to maximise profit," he sums up.

Jayantilal Gada: Jayantilal Gada bets his money on action genre | Hindi Movie News - Times of India
 
Is it's the same company PEN which tends to have big market in past Bollywood movies, recently produced GHAYAL RETURNS
 
Tha.RP8 said:
So mtunes hd won't return as Music channel?

Don't as its now acquired by a movie production company ;)
 
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