Panorama Studios International has made a significant move in the film distribution sector by acquiring the global distribution rights for the Marathi language film 'Yakshini'. This strategic agreement with Vintage Creative Media Private Limited grants Panorama Studios worldwide rights to distribute the film across various markets and platforms.

Deal Highlights

• Agreement Parties: Panorama Studios International and Vintage Creative Media Private Limited
• Film Title: 'Yakshini' (tentative title)
• Language: Marathi
• Rights Acquired: Theatrical and Non-Theatrical Rights
• Territory: Worldwide, including India

Film Details

'Yakshini' boasts a promising lineup, starring Amruta Khanvilkar in a lead role. The film is directed by the duo Ajinkya Phalke and Raj Gorde, adding to the anticipation surrounding this Marathi cinema offering.

Strategic Implications

This acquisition aligns with Panorama Studios' strategy to expand its footprint in regional cinema and strengthen its position in the global film distribution market. By securing both theatrical and non-theatrical rights, the company has positioned itself to maximize revenue streams across various platforms.

Market Impact

While the financial details of the deal remain undisclosed, this move is expected to contribute to Panorama Studios' content portfolio. Investors and industry observers will be keen to see how this acquisition translates into box office performance and overall revenue generation for the company.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Panorama Studios International has duly informed the Bombay Stock Exchange about this significant development.

As the film industry continues to evolve with changing viewer preferences and distribution channels, strategic acquisitions like these play a crucial role in shaping the competitive landscape of the entertainment sector.

Panorama Studios International Limited announced a significant deal in the entertainment sector, expanding its reach in the regional film market. The company's subsidiary, Panorama Studios Inflight LLP, has inked an exclusive worldwide airborne rights agreement for two Gujarati language films.

Deal Highlights

• Films Acquired: 'Chor Chor' and 'Mara Pappa Superhero'
• Rights: Exclusive worldwide airborne rights
• Territory: Entire world, including India
• Partner: Motion Mingle LLP

Strategic Expansion

This strategic move by Panorama Studios International Limited showcases the company's commitment to diversifying its content portfolio and tapping into the growing regional film market. The acquisition of airborne rights for Gujarati films indicates a focus on catering to diverse linguistic audiences, particularly in in-flight entertainment.

Corporate Disclosure

The company made the announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Yatin Chaphekar, Company Secretary of Panorama Studios International Limited, officially communicated this development to the Bombay Stock Exchange.

Market Implications

This deal could potentially enhance Panorama Studios' position in the in-flight entertainment sector, offering exclusive Gujarati content to airlines and potentially opening up new revenue streams. It also demonstrates the company's strategy to leverage its subsidiary for specialized content distribution channels.

The move into regional language films, particularly for airborne rights, might signal a broader trend in the entertainment industry towards more diverse and targeted content offerings in various distribution formats.

Investors and industry observers will likely watch closely to see how this agreement impacts Panorama Studios International's market position and financial performance in the coming quarters.