|Legal Name:||Super Cassettes Industries Private Limited|
|Headquarters Regions:||Noida, Delhi, India|
|Founded Date:||11 July 1983|
|Number of Employees:||300+|
|Products of Company:||Indian music record label and film production company|
|Net Worth in 2023:||$600 Million|
T-Series, also known as Super Cassettes Industries Private Limited, is an Indian music record label and film production company founded by Gulshan Kumar in 1983. It is best known for Bollywood and Indie-pop music soundtracks. T-Series, followed by Sony Music India and Zee Music, is India’s largest music record label, with up to a 35 percent share of the Indian music market in 2014.
T-Series also owns and operates YouTube’s most-viewed and subscribed channel, with over 145 billion views and 176 million subscribers as of March 2021. T-Series has had some moderate success as a film production company, despite being best known as a music label.
Kumar started T-Series as a fruit juice vendor in Delhi, selling pirated Bollywood music before expanding into new music production. With over 8 million copies sold, Anand-soundtrack, Milind’s, for the 1988 Bollywood blockbuster Qayamat Se Qayamat Tak, composed by Anand-Milind, written by Majrooh Sultanpuri, and starring Aamir Khan and Juhi Chawla, became one of the best-selling Indian music albums of the 1980s. With the release of Aashiqui (1990), composed by Nadeem–Shravan, which sold 20 million copies and became the best-selling Indian soundtrack album of all time, they eventually became a major music label.
As of July 2019, T-Series had a multi-channel network on YouTube, with 30 channels (including Lahari Music) and over 184 million viewers. At the T-Series headquarters, the company’s YouTube team consists of 13 people. The company’s flagship T-Series YouTube channel focuses on music videos and film trailers. In January 2017, it surpassed all other YouTube channels as the most popular. The T-Series channel mostly broadcasts content in Hindi, with a few other languages thrown in for good measure.
Well, how well do you know about T-Series? If not much, we have compiled all you need to know about T-Series’s net worth in 2023, wiki and complete details. Well, if you’re all set, here is what we know about T-Series to date.
Kumar found that devotional music had a demand, and he started recording and selling it. Since many elderly Hindu followers couldn’t read hymns and chants due to losing eyesight, Kumar recruited singers to record the chants and sell them as inexpensive cassettes. After, he recorded and sold VHS and video cassette tapes of major Hindu pilgrimages in India.
Ravindra Jain composed the music for T-Series’ first original film soundtrack, Lallu Ram, which was released in 1984. With his cheap T-Series records, T-Series producer Gulshan Kumar quickly became a central figure in Bollywood’s cassette boom of the late 1980s. With the release of Mahesh Bhatt’s Aashiqui (1990), T-Series rose to prominence as a leading music label.
The soundtrack album for the film Aashiqui, composed by the duo Nadeem–Shravan, has sold over 20 million copies in India, making it the best-selling Bollywood soundtrack album of all time. Yo Yo Honey Singh sang a cover version of “Dheere Dheere” from Aashiqui, which was released by T-Series in 2015.
Aside from music, the group started to branch out into film making. T-Series’ annual earnings increased from 20 crore ($16 million) in 1985 to 200 crore ($88 million) in 1991, and 500 crore ($140 million) in 1997. The Mumbai mafia syndicate D-Company assassinated T-Series creator Gulshan Kumar in 1997. Following Gulshan Kumar’s death in 1997, his son Bhushan Kumar has headed the business with the assistance of Gulshan’s younger brother Krishan Kumar.
T-Series has had some modest success as a film production venture. The critically acclaimed sleeper hit Hindi Medium (2017), produced by Zeenat Lakhani, directed by Saket Chaudhary, and starring Irrfan Khan and Saba Qamar, is the highest-grossing T-Series film to date. It became one of the top 20 highest-grossing Indian films of all time, grossing 322.4 crore ($46 million) worldwide, with $34 million in China alone.
T-Series signed up for YouTube on March 13, 2006, but didn’t begin posting videos until late 2010. T-Series mainly broadcasts music videos and film trailers on this channel. T-Series had over 164 million subscribers as of December 2020, surpassing PewDiePie by 56 million, making it the most-subscribed YouTube channel.
T-Series was primarily responsible for the early 1990s boom in the Indian music industry. T-Series released many of the best-selling Bollywood music albums of the 1990s, especially those composed by Nadeem–Shravan. Apart from the assassination of their chairman, Gulshan Kumar, the organization has had no big setbacks. Since they now have a highly popular YouTube channel, the business has advanced to a new stage.
It has the most users on YouTube, as well as the most viewers. Along the way, the firm faced several difficulties, including a complaint filed against YouTube in 2007. However, it was not a major issue, and the matter was resolved outside of the courtroom. The corporation still does not seem to be going out of business anytime soon.
Awards & Achievements
T-Series has been entertaining its customers for a long time, and their achievements must be recognized. Even YouTube has recognized the company with a few awards. Its YouTube channel has the highest number of subscribers and views. The Silver Creator Award, Gold Creator Award, Diamond Creator Award, and Custom Creator Award were all given to it.
Net Worth & Earnings of T-Series in 2023
The brand has had a lot of growth and has been a major hit. The company’s performance is undeniably impressive and visible. Because of their growth, the business now has a large net worth. Despite a major setback in 1997, the firm was able to bounce back and become enormously popular. As of 2023, the company’s net worth is projected to be $600 million.
T series has made a significant contribution to India’s film industry. The T series is well-known around the world for its phenomenal popularity. It has the most viewers and views on its YouTube page. The business’s growth seems to be unstoppable.