Reliance Mediaworks is the new name of Adlabs Films
Reliance Anil Dhirubhai Ambani Group has announced that they are now renaming their Adlabs Films division as Reliance MediaWorks Limited.
This brand name change would require approval from the shareholders.
Reliance had acquired a controlling stake in this company way back in 2005.
The company spoke about this name change: “The name Reliance MediaWorks Limited more accurately reflects our identity as a diversified film and media services company with a global presence. We are privileged to draw upon the international recognition of the Reliance Anil Dhirubhai Ambani Group brand, to further strengthen our leadership position in the media and entertainment business.”