It appears that recession and piracy have been hitting the audio companies and mergers, acquisitions have become the name of the game. Now, there is news that the popular audio company Supreme has been taken by the audio giant Aditya for an amount of Rs 10 crores.
Reports also reveal that Maruthi audio company is currently not functioning well, Vel audio owned by Keeravani is in a weak position and the most talked about Lahari audio also is struggling a bit. The non local companies like Big music, Times music are also sailing in the same boat.
As per reliable sources, now, only two audio companies are able to stand strong. While one happens to be Aditya themselves, the other happens to be Madhura audio and while Aditya has been catering to the big banners only, Madhura has been the haven for many other movie makers giving them hope and relief.
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