Panorama Studios International Limited (PSIL) has announced a significant expansion of its content portfolio through a strategic licensing agreement in the entertainment sector. The company's subsidiary, Panorama Studios Inflight LLP, has entered into a content license agreement with Tweak India Ink Private Limited for the show 'Tweak India – The Icons with Twinkle Khanna.'

Key Details of the Agreement

• Rights Acquired: Worldwide airborne rights for the program
• Nature of Rights: Non-exclusive basis
• Geographical Scope: Entire world, including India
• Program Title: 'Tweak India – The Icons with Twinkle Khanna'

Significance of the Deal

This agreement marks an important step for Panorama Studios International Limited in expanding its content offerings, particularly in the inflight entertainment space. By acquiring the airborne rights for a show featuring Twinkle Khanna, a well-known personality in India, PSIL is positioning itself to cater to a diverse audience across global airlines.

Corporate Disclosure

The company made this announcement in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made to the Bombay Stock Exchange, where Panorama Studios International Limited is listed.

About the Show

'Tweak India – The Icons with Twinkle Khanna' is likely to feature interviews and discussions with prominent personalities, given Twinkle Khanna's reputation as an author, columnist, and former actress. While specific details about the show's content were not provided, the title suggests it may focus on influential figures in various fields.

This strategic move by Panorama Studios International Limited demonstrates the company's commitment to diversifying its content portfolio and expanding its reach in the entertainment industry, particularly in the growing market of inflight entertainment.

Panorama Studios International Limited has announced a significant move in the entertainment industry through its subsidiary, Panorama Studios Inflight LLP. The company has successfully executed an Assignment Agreement with Mini Films Private Limited, acquiring exclusive worldwide airborne rights for the upcoming Hindi film 'Aankhon Ki Gustaakhiyan'.

Film Details

'Aankhon Ki Gustaakhiyan' is a Hindi language film directed by Santosh Singh, featuring a star-studded cast including Vikrant Massey and Shanaya Kapoor, among others. While specific details about the film's plot remain undisclosed, the acquisition of its airborne rights suggests confidence in its potential appeal to audiences during air travel.

Scope of the Agreement

The agreement grants Panorama Studios Inflight LLP exclusive airborne rights on a global scale, encompassing all territories, including India. This strategic move positions the company to capitalize on the in-flight entertainment market, potentially reaching a wide audience of air travelers worldwide.

Corporate Disclosure

In compliance with regulatory requirements, Panorama Studios International Limited officially announced this development to the Bombay Stock Exchange. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting the company's commitment to transparency in its business operations.

Industry Implications

This acquisition underscores the growing importance of diverse distribution channels in the film industry, particularly in the realm of in-flight entertainment. As airlines continue to enhance their passenger experience offerings, securing exclusive content becomes increasingly valuable for entertainment providers.

The move by Panorama Studios International Limited through its subsidiary demonstrates the company's strategic focus on expanding its content distribution network and potentially increasing revenue streams through non-traditional platforms.

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