Red Chillies Entertainment

Red Chillies Entertainment Private Limited
FormerlyDreamz Unlimited (1998–2003)
Company typePrivate Limited Company
IndustryEntertainment Conglomerate
PredecessorDreamz Unlimited
Founded11 November 1998
FounderShah Rukh Khan
Gauri Khan
Headquarters
Mumbai, Maharashtra
,
India
Area served
Worldwide
Key people
Shah Rukh Khan
(Founder and MD)
Gauri Khan
(Co-Founder, Producer and Joint-MD)
Venky Mysore
(CEO)
Aashish Singh
(Co-Producer and COO)
Pradeep Nimani
(CFO)[1]
Services
Revenue₹7000 Cr (2023–24) crore[2]
OwnerShah Rukh Khan
Gauri Khan
Number of employees
500-1,000
DivisionsFilm Production
Film Distribution
Television
TV Commercials
Professional Sports leagues Organisation
Marketing
Licensing
Merchandising
Brand Partnerships
Vfx
Color Grading
Digital imaging technician
Motion Control
Post-Production
Subsidiaries KidZania India
Red Chillies VFX
Red Chillies Colour
Red Chillies Motion Control
Red Chillies DIT
Red Chillies TVC
Knight Riders Group
Red Chillies Primetime Live TV & Movies
WebsiteRed Chillies Entertainment

Red Chillies Entertainments Private Limited, doing business as Red Chillies Entertainment; abbreviated as RCE is an Indian Multinational Entertainment Conglomerate company established by actor Shah Rukh Khan and his wife Gauri Khan in 2002.[3] It was transformed from the defunct Dreamz Unlimited. Based in Mumbai, the studio's activities span across creative development, production, marketing, distribution, licensing, merchandising and syndication of films in India and worldwide.[4] They are also a visual effects company. Its business mainly includes film production, film distribution, TV series or Web series production, TV Commercials production, visual effects, Professional Sports league Organisation, Edutainment and many more. Throughout the last several years, Red Chillies has acquired the rights to several Hindi films.

In 2006, RCE started a visual effects studio[5] known as Red Chillies VFX.

In 2008, RCE formed the sporting subsidiary alliance with the Mehta Group and established its own Sporting subsidiary company Knight Riders Group, in which Red Chillies Entertainment holds a Majority 55% stake and the Mehta Group holds a 45% stake.[6] The Knight Riders Group currently owns the Indian Premier League cricket team Kolkata Knight Riders (2008), the Trinbago Knight Riders (2015) cricket team of Caribbean Premier League, the Trinbago Knight Riders Women's (2022) cricket team of Women's Caribbean Premier League, the Abu Dhabi Knight Riders (2022) cricket team of International League T20 and the Los Angeles Knight Riders (2020) cricket team of Major League Cricket.[7]

Red Chillies Entertainment also owns 26% stake in ImagiNation Edutainment India Pvt Ltd, which runs the KidZania India.[8][9]

In 2015, RCE started a Color Grading studio known as Red Chillies Color.[4]

In 2018, RCE started a Motion Control studio known as Red Chillies Motion Control.[6]

In 2018, RCE started a Digital Imaging Technician(DIT) studio known as Red Chillies DIT.[8]

RCE also has a studio for TV Commercials known as Red Chillies TVC.[10][11]

Shah Rukh Khan is the founder and Managing Director (MD) of the company, while Gauri Khan is co-founder as well as Joint-MD of the company and also serves as a producer. Sanjiv Chawla was the former CEO of the company. In February 2013, Venky Mysore, the CEO and Managing Director of Knight Riders Group took over additional responsibility as Chief Executive Officer of Red Chillies Entertainment as well.[12][13][14][15] In January 2024, Gaurav Verma left the company after 9 years and in May 2024, RCE appointed Aashish Singh as the company's new COO and Co-Producer.[16]

  1. ^ Cite error: The named reference empire was invoked but never defined (see the help page).
  2. ^ "This is how Shah Rukh Khan earns and spends the money - A self-made star". The Economic Times. Archived from the original on 19 October 2020. Retrieved 17 October 2020.
  3. ^ "Our Story – Red Chillies Entertainment". www.redchillies.com. Archived from the original on 23 May 2022. Retrieved 3 June 2022.
  4. ^ a b "businessofcinema.com". 21 August 2014. Archived from the original on 23 August 2014. Retrieved 2 August 2016.
  5. ^ Jha, Lata (19 March 2018). "How Red Chillies VFX emerged as a strong post-production option for Bollywood". Live Mint. Archived from the original on 5 December 2018. Retrieved 5 December 2018.
  6. ^ a b Economic Times. "knight riders sports private limited".
  7. ^ Kolkata Knight Riders. "Knight Riders Acquires Abu Dhabi Franchise in the New T20 League in UAE".
  8. ^ a b Economic Times (6 July 2011). "Shah Rukh Khan acquires 26% stake in KidZania".
  9. ^ GQ India. "Shah Rukh Khan's 7 sources of income aside from films that contribute to his annual earnings".
  10. ^ Exchange4media. "Shah Rukh Khan spices up ad commercials with Red Chillies Entertainment".{{cite web}}: CS1 maint: numeric names: authors list (link)
  11. ^ MBA Skool. "Red Chillies Entertainment SWOT analysis".
  12. ^ Raghavendra, Nandini (19 February 2013). "Shahrukh Khan's 'Red Chillies' appoints Venky Mysore as CEO". Economic Times. Archived from the original on 6 January 2017. Retrieved 19 February 2013.
  13. ^ Sexy Sam's Birthday Plans Archived 6 September 2010 at the Wayback Machine. Filmfare.com (2012-09-20). Retrieved on 2013-12-23.
  14. ^ "Shahrukh Khan's 'Red Chillies' appoints Venky Mysore as CEO". The Economic Times. 6 December 2019. Archived from the original on 25 November 2020. Retrieved 6 December 2019.
  15. ^ Laghate, Gaurav (19 February 2013). "Red Chillies appoints Venky Mysore as CEO". Business Standard India. Retrieved 6 December 2019.
  16. ^ Vickey Lalwani. "Shah Rukh Khan replaces Gaurav Verma with Aashish Singh At Red Chillies". Times Now.