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Hi Bhaskar,
Well an MBA in Media and entertainment is a very rare course and very few institutes offer this course. Rather I would suggest you to go for PG course in Media or in any of the domains of Media that it offers. Media is a very broad term and has a lot to offer such as Journalism, Film & T.V., Advertising, PR etc. As it will be difficult for me explain all its categories, I am providing you some article links, kindly go through them to get a better idea.
https://www.shiksha.com/search/index?keyword=Mass+Communication&location=&searchType=blog&cat_id=&countOffsetSearch=25&startOffSetSearch=0&subLocation=-1&cityId=-1&cType=-1&courseLevel=-1&subType=0&showCluster=-1&channelId=
https://www.shiksha.com/search/index?keyword=media&location=&searchType=blog&cat_id=&countOffsetSearch=25&startOffSetSearch=0&subLocation=-1&cityId=-1&cType=-1&courseLevel=-1&subType=0&showCluster=-1&channelId=
https://www.shiksha.com/getArticleDetail/864/Career-In-Advertising
https://www.shiksha.com/search/index?keyword=Journalism&location=&searchType=blog&cat_id=-1&countOffsetSearch=25&startOffSetSearch=0&subLocation=-1&cityId=-1&cType=-1&courseLevel=-1&subType=0&showCluster=-1&channelId=home_page
As you already have experience, pursuing it through correspondence will be beneficial for you as this field requires a lot of practical knowledge.
Few good colleges are IIMC, XIC, MICA, Jamia etc. For the list of more institutes, you may refer to the below link
https://www.shiksha.com/search/index?keyword=mass+media&location=&searchType=course&cat_id=-1&countOffsetSearch=25&startOffSetSearch=0&subLocation=-1&cityId=-1&cType=-1&courseLevel=-1&subType=0&showCluster=-1&channelId=home_page
In the above link you can refine your search on the basis of your city preference.
Hope this helps
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Thanks
All The Best!