Category: Production House

  • Brazil’s Visom Digital and India’s Karman Unlimited partner on drama Love is a Stranger

    Brazil’s Visom Digital and India’s Karman Unlimited partner on drama Love is a Stranger

    MUMBAI:  The Ripple Effect has brokered a cross-continental partnership between Brazil’s Visom Digital and India’s Karman Unlimited to adapt the acclaimed Brazilian drama Love is a Stranger for the Indian market. The latter has optioned the series from Visom Digital. 

    The series, created by Ingrid Zavarezzi and Carlos de Andrade, centres on Vânia Jardim, a Rio police officer investigating domestic violence cases while battling her own trauma. . Inspired by true stories, the series intertwines real cases ofdomestic violence with Vânia’s   battle against a ruthless media campaign led by digital influencer Branca Lemos. Ultimately, the narrative transcends crime drama to deliver a socially impactful message about resilience, justice, and hope.

    Originally airing on AXN Brazil since 2024, it drew praise for its raw realism and won the lead Juliana Knust a Golden Panda Award nomination. A wider rollout on Record TV is due in late 2025.

    “Love is a Stranger is more than a police drama—it is a call to action against gender-based violence,” said The Ripple Effect executive vice-president Viviana Hadid.

    Carlos de Andrade of Visom Digital called the story “a responsibility to shine light on issues society too often ignores”, while Karman Unlimited chief executive Sunita Uchil said the remake would reaffirm “the power of entertainment to inspire awareness and change.”

    The Indian version is in early development, with further international adaptations expected across Latin America.

  • Balaji eyes revival as digital losses narrow and OTT comeback planned

    Balaji eyes revival as digital losses narrow and OTT comeback planned

    MUMBAI: The drama at Balaji Telefilms has taken a sharp turn and this time, it’s playing out on the balance sheet. The content powerhouse slipped into the red for the quarter ended 30 June 2025, posting a consolidated net loss of Rs 594.6 lakh, a far cry from the Rs 94.0 crore profit it clocked in the preceding March quarter.

    Revenue from operations fell 51 per cent year-on-year to Rs 72.8 crore, down from Rs 149.2 crore in Q1 FY24, as all three segments took a hit. Commissioned programmes brought in Rs 49.9 crore (down from Rs 75.4 crore), films collapsed to Rs 1.4 crore from a blockbuster Rs 73.2 crore, and digital revenue rose to Rs 29.1 crore from Rs 9.8 crore but still bore the shadow of the OTT platform’s regulatory shutdown in July.

    Production and acquisition costs surged to Rs 95.8 crore, while marketing expenses stood at Rs 5.38 crore and employee costs at Rs 8.53 crore. Depreciation came in at Rs 1.76 crore, and finance costs eased to Rs 21.8 lakh. Other expenses, at Rs 11.2 crore, added to the squeeze.

    Segment-wise, commissioned programmes swung to a Rs 5.45 crore loss, films lost Rs 2.27 crore, and digital narrowed losses to Rs 92 lakh from Rs 2.08 crore a year ago. Assets in the digital segment have shrunk to Rs 99.9 crore from Rs 246.8 crore last year, reflecting the OTT disruption.

    Despite the setback, Balaji says it is “taking active steps” to comply with regulations and re-enter the digital fray. Until then, investors may have to wait for the next season to see if the plot delivers a turnaround.

  • Saregama India and Tamgha Entertainment announce major theatrical feature film

    Saregama India and Tamgha Entertainment announce major theatrical feature film

    MUMBAI – Saregama India announced its partnership with the newly launched Tamgha Entertainment LLC for a major feature film. The upcoming production will bring to the screen the untold stories of the Indian Army’s elite Rashtriya Rifles, celebrating their courage, sacrifice, and unwavering dedication to the nation.

    The film, which is yet to be titled, will delve into the unique ethos of the Rashtriya Rifles, a premier counter-insurgency force that was formed just over two decades ago, is a specialist force of the Indian Army tasked with counter-terrorism operations in Jammu and Kashmir. While well-regarded within military circles, the force remains relatively unknown to the public despite its remarkable success. This film aims to offer a rare and compelling look into one of India’s most effective military formations — a force that operates with silent resilience and extraordinary dedication. The story aims to move beyond battlefield action to explore the human-interest stories of the soldiers and the values they live by.

    This project marks the first collaboration between Saregama and Tamgha Entertainment, a media company founded by Damyant Singh Khanoria and Major General RS Yadav, VSM. Tamgha is founded on the principle of bringing authentic and powerful narratives of the Indian Armed Forces to a global audience, anchored in the ethos of “Naam, Namak aur Nishaan” (Honor. Loyalty. Legacy.).

    Saregama executive VP Siddharth Anand Kumar said, “At Saregama, we are constantly seeking powerful Indian stories that have the potential to resonate globally. The story of the Rashtriya Rifles is one of exceptional courage and conviction that deserves to be told on the big screen. In Tamgha Entertainment, we have found partners who are not only immensely passionate but also deeply knowledgeable and respectful of this world. We are confident that this collaboration will produce a film that is both authentic and inspiring.”

    Tamgha Entertainment VSM, director Major General RS Yadav added, “This partnership is the perfect embodiment of our goals. Saregama’s legacy and unparalleled reach will allow this important story to be produced at a scale that does it justice. Our dedicated focus will ensure that the authenticity and emotional core of the narrative remain intact. This film is the foundational step in our mission to build a creative ecosystem that gives a voice to the stories of our heroes.”

    Tamgha Entertainment founder & CEO Damyant Singh Khanoria stated, “Our vision for Tamgha was born from a deep-seated respect for the armed forces and a desire to tell their stories with the integrity they deserve. ‘Naam, Namak aur Nishaan’ is the moral compass for our storytelling. To begin our journey with a film about the indomitable spirit of the Rashtriya Rifles, and to do so with a creative powerhouse like Saregama, is a profound honour. We are committed to creating a film that will make the entire nation proud.”

  • Panorama reels in big sales but profits take a box-office hit

    Panorama reels in big sales but profits take a box-office hit

    MUMBAI: It was a quarter of high-grossing sales but low-margin drama for Panorama Studios International Limited, as its Q1 FY26 results revealed a tale of two halves blockbuster revenue gains paired with fading profit lines. Net sales for the June quarter hit Rs 136.35 crore, soaring 49.8 per cent above the average of the past four quarters, signalling a strong near-term script for revenue generation. The box-office-style growth points to robust demand and successful monetisation across projects.

    But the profit subplot wasn’t as cheery. Profit Before Tax (PBT) slumped to Rs 3.24 crore, a steep 73.7 per cent fall from recent averages, while Profit After Tax (PAT) slipped to Rs 5.11 crore, marking a 51.2 per cent drop. Rising borrowing costs also made a cameo, with the company logging its highest interest expense in five quarters.

    Off-screen, the Debtors Turnover Ratio hit its lowest point in recent periods, hinting at a slower pace in receivables collection, an area that could affect cash flow if the credits keep rolling in late.

    The board meeting on 7 August 2025 didn’t just sign off on numbers, it added a governance twist. M/s Nitesh Chaudhary & Associates were appointed as Secretarial Auditor for FY26–FY30 (subject to AGM approval), and the studio unveiled a refreshed contact identity with a new email (info@panoramastudios.in) and website (www.panorama studios.in).

    With sales running hot but profits cooling, Panorama’s next act may hinge on whether it can keep the audience in their seats while tightening the back-office plot.
     

  • Applause gives Archer novels the reel deal with big screen plans

    Applause gives Archer novels the reel deal with big screen plans

    MUMBAI: India is flipping the page on adaptation history Jeffrey Archer’s bestsellers are finally getting their official real life adaptation close-up. Move over pirated plots and ‘inspired’ scripts Jeffrey Archer is getting a legitimate Indian makeover. In a landmark announcement, Applause Entertainment has acquired exclusive screen rights to six of the legendary author’s most iconic novels. And unlike decades of uncredited rip-offs, this one’s all above board legal, global, and ready to stream in style.

    The acquisition includes The Clifton Chronicles, First Among Equals, Fourth Estate, Sons of Fortune, Heads You Win, and The Eleventh Commandment. Applause, known for high-impact Indian originals like Scam 1992 and Criminal Justice, is making its first foray into international fiction adaptations and they’re going big. Expect a slate of premium drama series and feature films spanning languages, formats, and platforms.

    At a live conversation in Mumbai, author Jeffrey Archer and Applause MD Sameer Nair shared their vision and plenty of mutual admiration. “There isn’t a Cain, but there’s certainly an Abel in every Indian,” joked Archer, reflecting on how his stories of ambition, love, betrayal and revenge have found deep resonance here. The 85-year-old best-selling author, whose books have sold over 300 million copies across 115 countries and 49 languages, called the collaboration “a privilege,” but added with trademark candour, “I shall be watching and waiting for results!”

    Sameer Nair was clear that this partnership signals a bold new direction. “This isn’t just a rights deal, it’s a creative call-out to India’s best storytellers,” he said. “We’re inviting screenwriters, directors, and regional creators to reimagine Archer’s worlds in contemporary Indian settings while staying true to the original narrative arc.” Nair cited First Among Equals as an example, saying its political premise translates beautifully into India’s high-stakes electoral landscape. “Just replace Westminster with the Vidhan Sabha, and you’ve got a blockbuster.”

    Applause plans to adapt some novels as long-form series and others as films, possibly in multiple Indian languages. The idea, said Nair, is to retell global IP through a local lens and take it back to the world via global streaming platforms. “These are timeless stories, and the new generation deserves to hear them in a voice and context they understand.”

    For Archer, the faith in adaptation lies in one word: screenwriting. “If the screenplay’s right, the show works. If it isn’t, nothing can save it,” he quipped, citing The West Wing as an example of sublime screenwriting. And he’s no stranger to the perils of poor adaptation either. “The BBC did Cain and Abel brilliantly. But Not a Penny More, Not a Penny Less? Terrible. It’s not easy but when it works, it’s magic.”

    In an industry where copyright infringement once passed for creativity, this deal is also a statement. “Indians are done with jugaad. We want to do it the right way,” said Nair. “It’s time Indian content gets a global reputation for originality and excellence.”

    So what’s next? The creative process has begun, with teams now deciding which titles will go where, in what language, and on which platform. Archer’s only golden rule to filmmakers? “Stick to the story. Don’t think you can write your own half of Kane and Abel. Just don’t.”

    From the pirated paperbacks sold at Indian traffic signals to a sprawling screen universe led by some of the country’s sharpest creators Archer’s tales are finally getting the adaptation they deserve. With Applause calling the shots, this is one literary remix that promises to be worth the wait.

  • Jeffrey Archer tips his hat to India’s enduring love for great stories

    Jeffrey Archer tips his hat to India’s enduring love for great stories

    MUMBAI: When an Archer hits the screen, it’s bound to be cinematic. In a landmark move that marries British literary mastery with Indian storytelling flair, Applause Entertainment has acquired exclusive screen rights to six of Jeffrey Archer’s most popular novels, The Clifton Chronicles, Fourth Estate, First Among Equals, The Eleventh Commandment, Sons of Fortune, and Heads You Win. This marks Applause’s first foray into global fiction adaptations and sets the stage for a string of prestige projects that promise political intrigue, media dynasties, and multi-generational drama with an unmistakably Indian flavour.

    In a candid and entertaining conversation, author Jeffrey Archer and Applause Entertainment’s managing director Sameer Nair gave a glimpse into the creative chemistry behind this literary-meets-OTT deal. “I’m sentimental about my Everest story,” Archer said, musing about Prisoner of Birth, a title he still hopes will see a screen adaptation someday. Reflecting on timeless narratives, he added, “Jane Austen, Higgins, Agatha Christie they go on. A good story lasts and lasts.”

    This acquisition isn’t just about borrowing bestsellers. “We’re looking to take these stories to a much wider audience,” Nair said. “The adaptations will be reimagined in Hindi, possibly Tamil or Bengali, and crafted for young adult sensibilities without compromising on Archer’s signature pace and drama.” The projects will be helmed by a wide pool of Indian creators Applause has previously collaborated with. “We’re already in discussions, and within the next 3–6 months, you’ll hear announcements,” Nair assured.

    The creative challenges, however, aren’t just about casting or rewriting. “Jeffrey and I see eye-to-eye more easily than our lawyers do,” Nair quipped. “But that’s true for everything in showbiz. The lawyers will hold us up more than anyone else.” Archer added, tongue firmly in cheek, “I’ll wait to see the results before I comment again!”

    The plan isn’t to play only to Archer’s existing readership either. As Nair explained, “Reading requires literacy. Consuming audiovisual content doesn’t. The idea is to make these adaptations contemporary, bold, and cinematic to reach beyond readers, to those who haven’t read the books, and make them fall in love with the story all over again.”

    Asked about the marketing vision, Nair kept it grounded: “We’ve got to make the shows first. Once we do that, we’ll see where they go.” The team hinted at partnerships with global streaming platforms and a high-quality visual treatment, given Archer’s dense plotting and character arcs.

    The move also fits squarely within Applause’s content philosophy of adapting compelling, well-known IPs with local creative sensibilities. The studio has previously reimagined formats like Scam 1992 and Criminal Justice for Indian audiences.

    For Archer, whose books have sold over 275 million copies globally, this collaboration marks another chapter in his screen journey. His previous titles like Kane and Abel have made it to TV but often, without his permission. “I hate it when people say, ‘I loved Kane and Abel on television,’” Archer lamented. “They just stole the story!”

    As for storytelling itself? Both Archer and Nair agree, it’s universal. “There’s no such thing as Indian or foreign storytelling. A local story is only good if it’s universal,” Nair summed up. Archer added, “I read an Italian novel recently The Leopard. Didn’t care that it was Sicilian. It was a damn good story.”

    And now, six damn good stories are headed to Indian screens with a fresh voice, but Archer’s trademark twists intact. Let the adaptations begin.
     

  • UFO Moviez posts Rs 6.52 crore Q1 profit as box office bounces back

    UFO Moviez posts Rs 6.52 crore Q1 profit as box office bounces back

    MUMBAI: Lights, camera, profit UFO Moviez has kicked off the fiscal year on a blockbuster note, posting a consolidated net profit of Rs 652 lakh for Q1FY26, marking a sharp turnaround from a loss of Rs 414 lakh in the same quarter last year. The homegrown digital cinema distribution major reported a 16 per cent rise in consolidated revenue at Rs 10,903 lakh, up from Rs 9,451 lakh in Q1FY25. EBITDA also saw a healthy jump to Rs 1,929 lakh from Rs 658 lakh a year ago.

    Standalone profit came in at Rs 365 lakh versus a loss of Rs 267 lakh in the previous year’s comparable quarter. Notably, this improvement comes despite a 7 per cent drop in standalone net sales compared to the same quarter last year.

    The boost in profitability was helped by a sharp reduction in impairment provisions down to zero from Rs 365 lakh last year as well as higher other income and steady cost control across verticals.

    Employee costs for the quarter stood at Rs 2,111 lakh (up from Rs 2,191 lakh last year), while ad revenue share expenses held steady at Rs 1,848 lakh. Equipment and lamp purchases jumped significantly to Rs 2,252 lakh, signalling investment in expanding or upgrading the network.

    UFO’s Q1 earnings per share stood at Rs 1.68, compared to a loss per share of Rs 1.07 last year.

    The company had earlier received NCLT approval for the amalgamation of its two wholly owned subsidiaries Scrabble Digital Limited and UFO Software Technologies Pvt Ltd effective April 1, 2024. As a result, the Q1FY25 numbers have been restated to reflect this merger.

    The board meeting to approve the results concluded at 3:50 p.m. on July 31, 2025.

    With the film exhibition and cinema tech segments bouncing back post-pandemic, UFO Moviez appears set for a sequel of steady growth.

     

  • Banijay Asia and Collective Artists Network collaborate to script India’s biggest creator-led universe

    Banijay Asia and Collective Artists Network collaborate to script India’s biggest creator-led universe

    MUMBAI: In a major move to redefine the creator economy in India, Banijay Asia, one of India’s leading content powerhouses, has joined hands with Collective Artists Network, the country’s premier talent and creator company, to launch a first-of-its-kind creator-led content and IP engine.

    This landmark collaboration will conceptualize, develop, and produce creator-first and creator-controlled properties across scripted, unscripted, branded, and digital-first formats — spanning long-form shows, short-form skits, micro-dramas, and vertical social content.

    At the heart of this alliance lies the powerful convergence of creators, content, and commerce — leveraging Collective Artists Network’s expansive creator and brand network, and Banijay Asia’s expertise in content creation and production at scale.

    The collaboration has already onboarded leading creators like Aisha Ahmed, Dolly Singh, and Kashish to develop brand-friendly content. Collective is also in active conversations with large FMCG and E-commerce advertisers to co-create high-impact, culturally resonant content that merges entertainment with brand purpose.

    Deepak Dhar, Founder & Group CEO, Banijay Asia &EndemolShine India said: “This partnership marks a bold new chapter in content creation — where creators are no longer just participants but become the driving force behind the narrative. By joining forces with Collective Artists Network, we’re building a powerful ecosystem at the intersection of content, creators, and brands. Together, we’re setting the blueprint for the future of entertainment.”

    Mrinalini Jain, Group Chief Development Officer, Banijay Asia &EndemolShine India added: “We see this as a creator-powered revolution. The future lies in content that’s authentic, scalable, and culture-shaping — and creators are at the center of it. With Collective Artists Network’s unmatched access to talent and brands, and Banijay Asia’s storytelling DNA, we’re launching a next-gen engine that’s built for today’s platforms and tomorrow’s audiences.”

    DhruvChigopekar, Co-Founder, Collective Artists Network, said: “This partnership marks a meaningful step forward for both traditional and new-age content. Banijay has built some of India’s most iconic shows, and to see that scale and storytelling depth now extend to the creator space is exciting. What’s changing is how stories are being told, creators are becoming part of the process instead of just the output. This collaboration allows us to explore that shift thoughtfully, combining structure with spontaneity, and legacy with a fresh lens. We believe it’s a strong foundation for what the next decade of entertainment could look like.”

    What this collaboration unlocks:

    –  Launching a new destination for Collective Artists Network’s creators to tell their stories spanning scripted, unscripted, and branded formats, which are genre and platform-agnostic.

    – Talent integration into Banijay Asia’s existing IPs, opening new doors for creators to host, act, write, or contribute creatively to Banijay Asia’s broad content slate.

    –  Co-creating digital-first, short-format content, micro-dramas, skits, sketches, vertical stories, and social-first formats specifically with Collective Artists Network creators.

    –  Leveraging Collective Artist Network’s expertise to lead brand integration and sponsorship across all joint content initiatives.

    –  Developing a creator-driven content universe across Instagram, YouTube and Facebook, which then potentially expands into other platforms.

    The partnership reflects Banijay Entertainment’s global vision of aligning with creators to modernise brands, bridge the gap between creators and creatives,  and reach new audiences through culturally-resonant formats. 

  • Homable Group and Perpetual Capital invest together and launch Astra Studios

    Homable Group and Perpetual Capital invest together and launch Astra Studios

    Mumbai: Astra Studios, a bold new force in global creative technology, has been officially launched. Founded by the former senior leadership from MPC, The Mill and Technicolor India – Biren Ghose, RK Chand, Rajarajan Ramakrishnan and Shajy Thomas, the company is backed by a strategic investment from the Hombale Group, creators of India’s most successful storytelling franchises including KGF, Salaar and Kantara along with Perpetual Capital.

    The rise of Machine Learning & Gen AI is disrupting every layer of content production, triggering a reinvention of creative workflows, talent dynamics, and business models in the industry. Blending decades of global expertise in Creative Storytelling, Visual Effects, Animation, Immersive & Experiential Media, the Astra Studios leadership team is poised to redefine how high-quality content is imagined & produced. With next-generation workflows and a focus on compelling, character-led storytelling universes, Astra is setting out to empower filmmakers, brands and content platforms alike.

    “Astra is our launchpad for a creative revolution – a studio purpose-built for the future of content. We are fusing world-class artistry with cutting-edge emerging technologies. We will play in the arena where cinematic brilliance meets next-gen computer graphics. This will redefine how stories are designed, created, shared and experienced. India is at an inflection point in the global content arena, and Astra aims to lead that evolution, creating new jobs while continuing to partner creatives globally.” said Astra Studios founder Biren Ghose.

    “We are supporting the vision behind Astra Studios to help grow stories and movie franchises across different platforms using emerging technologies. Astra’s founding team brings a wealth of talent and experience as well as global connectivity and passion for new technology. This will enable the Hombale Group to undertake projects with greater scope and complexity to create powerful new ‘story worlds’ for our franchise fandoms.” said Hombale Films founder Vijay Kiragandur.

    Astra Studios’ core focus areas include:

    ●End to End Creative Solutions for Films, Series and Brand Campaigns –  Ideation, Visualisation, VFX, Generative AI Solutions and Post-Production

    ●  Development of original Character Universes and Global IP

    ●  Immersive Experiences across brands, AR/VR and Location-based media

    ●  Premium Animation for both Streaming and Theatrical formats

    (If you are an Anime fan and love Anime like Demon Slayer, Spy X Family, Hunter X Hunter, Tokyo Revengers, Dan Da Dan and Slime, Buy your favourite Anime merchandise on AnimeOriginals.com.)

  • Shemaroo posts Rs 45.8 crore Q1 loss as revenue and margins dip sharply

    Shemaroo posts Rs 45.8 crore Q1 loss as revenue and margins dip sharply

    MUMBAI: Drama, but no dividends Shemaroo’s first quarter script writes itself into the red. The veteran media and entertainment company reported a consolidated net loss of Rs 45.8 crore for Q1 FY25, ballooning from Rs 17.2 crore in the same quarter last year. Even standalone losses were sharper, at Rs 46.9 crore versus Rs 17.5 crore year-on-year. Despite total income standing at Rs 143.2 crore, a steep rise in expenses especially operational and employee-related pushed the firm into deeper losses.

    Revenue from operations dropped 9.6 per cent year-on-year to Rs 139.5 crore (from Rs 154.4 crore), and sank over 31.7 per cent from Rs 204.3 crore in the previous quarter (Q4 FY24). Employee costs rose marginally to Rs 31.2 crore, while operational costs climbed significantly to Rs 152.3 crore, overtaking revenue altogether.

    Shemaroo’s loss before tax stood at Rs 60.9 crore for the quarter, compared to Rs 22.8 crore in Q1 FY24. The company’s total comprehensive loss now stands at Rs 45.8 crore for Q1 FY25, compared to Rs 17.2 crore a year earlier and Rs 5.1 crore last quarter.

    The board, however, remained busy beyond the balance sheet. It approved the reappointment of three top Shemaroo executives Raman Maroo as managing director, Atul Maroo as Joint MD, and Hiren Gada as CEO for another three-year term beginning January 2026. Additionally, Namrata Shinde was appointed compliance officer, effective immediately.

    But the real plot twist comes from the GST front. The company is entangled in a legal showdown after the GST department demanded recovery of inadmissible input tax credit (ITC) of Rs 70.3 crore, interest, and penalties totalling a staggering Rs 133.6 crore each on the Joint MD, CEO, and CFO. Shemaroo has challenged the order in the Bombay High Court and secured an interim stay on proceedings.

    In another strategic move, the company plans to transfer the broadcasting license of Mango TV to Mango Mass Media Pvt Ltd for at least Rs 25 lakh, subject to MIB approval.

    From VHS tapes to digital platforms, Shemaroo has seen the industry’s highs and lows. But if Q1 FY25 is any indicator, the road ahead might call for some tight editing and serious plot development both financial and regulatory.