His ‘Corporate’ released amidst mixed-bag reviews and so-so Box office outpourings, yet Madhur Bhandarkar has decided it’s time to move on. ‘Page 3’ director is floating his own production house in association with Percept Pictures. Bhandarkar says that he had been contemplating about the idea for some time now and was waiting for the right kind of support. His new venture will be called Madhur Bhandarkar and Percept Pictures Entertainment.

The maker of critically acclaimed cinema like ‘Chandni Bar’, ‘Satta’, ‘Page 3’ and ‘Corporate’ is planning to produce ad films and television serials. At an event that will be held for making the announcement, Madhur will also be showing a two minute promo of his forthcoming film ‘The Signal’. Bipasha Basu is expected to be at the event. There are plans of him directing films for his banner, but for now he will be concentrating only on small projects.

It seems Madhur Bhandarkar took the title of his latest ‘Corporate’ to heart, for he himself has joined the corporate world. Let’s see when he shall green light his first production.