Panorama Studios International Limited has announced a strategic move in the entertainment sector through its subsidiary, Panorama Studios Inflight LLP. The company has executed a Content License Agreement with Sri Krishna Productions, securing exclusive airborne rights for the Kannada language film 'Timmana Mottegalu'.

Key Details of the Agreement

This agreement grants Panorama Studios Inflight LLP the exclusive rights to showcase 'Timmana Mottegalu' on airborne platforms globally, including within India. The move appears to be part of the company's strategy to expand its content portfolio and reach in the in-flight entertainment sector.

Corporate Disclosure

The company made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Yatin Chaphekar, the Company Secretary of Panorama Studios International Limited.

Additional Strategic Move

In a separate but related announcement, Panorama Studios Inflight LLP also executed an assignment agreement with First Print Studios for the airborne rights of the Malayalam film 'Flask'. This indicates a broader strategy by the company to acquire diverse regional content for its airborne entertainment portfolio.

These strategic content acquisitions suggest that Panorama Studios International Limited is actively expanding its presence in the in-flight entertainment market, diversifying its content offerings across different regional languages and markets.

Investors and market watchers may want to keep an eye on how these content acquisitions impact the company's performance in the growing in-flight entertainment sector.

Panorama Studios International Limited (PSIL) has announced a strategic move to broaden its content portfolio in the entertainment industry. The company's subsidiary has secured an exclusive agreement with First Print Studios for the global airborne rights of the Malayalam film 'Flask'.

Deal Highlights

• Subsidiary Involved: Panorama Studios Inflight LLP
• Rights Acquired: Exclusive global airborne rights
• Film Details:
  • Title: 'Flask'
  • Language: Malayalam
  • Cast: Saiju Kurup, Suresh Krishna, Sidharth Bharathan, among others
  • Director: Rahul Riji Nair

Significance of the Agreement

This deal marks a significant step for Panorama Studios International in expanding its presence in the regional film market. By acquiring the airborne rights for 'Flask', the company has positioned itself to capitalize on the growing demand for in-flight entertainment across global airlines.

Corporate Developments

In addition to this content acquisition, PSIL has recently made other strategic moves:

1. Similar Agreement: The company has also secured airborne rights for the Kannada film 'Timmana Mottegalu', demonstrating a consistent strategy in regional content acquisition.

2. Proposed MOA Alteration: The Board of Directors has approved a proposal to alter the Memorandum of Association (MOA) to include provisions for investing additional or short-term free funds in various securities and mutual funds.

The proposed MOA alteration is subject to shareholder approval at the upcoming Extraordinary General Meeting scheduled for November 24, 2025.

These developments indicate PSIL's focus on diversifying its revenue streams and optimizing its financial resources, while simultaneously expanding its content library in the entertainment sector.