NewsOrders & DealsPanorama Studios Subsidiary Secures Exclusive Global Airborne Rights for 'Aankhon Ki Gustaakhiyan'Panorama Studios Subsidiary Secures Exclusive Global Airborne Rights for 'Aankhon Ki Gustaakhiyan'
Panorama Studios International Limited's subsidiary, Panorama Studios Inflight LLP, has acquired exclusive worldwide airborne rights for the upcoming Hindi film 'Aankhon Ki Gustaakhiyan'. The film, directed by Santosh Singh, stars Vikrant Massey and Shanaya Kapoor. The agreement covers all territories, including India, positioning the company to leverage the in-flight entertainment market. This acquisition was disclosed to the Bombay Stock Exchange under SEBI regulations, highlighting the company's expansion in content distribution through non-traditional platforms.
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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.
Historical Stock Returns for Panorama Studios International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.58% | +0.32% | -5.62% | -17.84% | -13.57% | -84.73% |
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