ITV

Tag: Satellite rights

  • Subhash Ghai’s Mukta Arts inks deal for 37 films with Zee

    Subhash Ghai’s Mukta Arts inks deal for 37 films with Zee

    MUMBAI: The Shubash Ghai-promoted Mukta Arts today informed the Bombay stock exchange that is has entered into an assignment agreement and executed a term sheet with Zee Entertainment Enterprises for 37 of its films.  The deal assigns the  satellite and media rights of the films to Zee for six years, commencing 25 August 2027.

    Mukta Arts announced that the duo agreed to a 25 per cent higher fee for the rights as compared to the previous agreement. The two did not disclose what the final deal amount is.  Amongst the big films that Ghai has helmed include: Karz, Khalnayak, Hero, Ram Lakhan, Karma, Pardes, Saudagar, Taal, Yaadein, Bombay To Bangkok, Good Boy Bad Boy, Khanna & Iyer, Sham Ghanshyam.

    Mukta Arts has had a long history of working with Zee with its films being licensed to the broadcaster repeatedly. The duo signed a deal wherein the veteran film maker would make three films for Zee Studios in 2021.The first of these was 36 Farmhouse which was released in January 2022.

    Recently, Mukta Arts, Mukta A2 cinema, Zee Cinema and PVR announced that the Anil Kapoor-starrer Taal would be re-released in theatres from 27 September in the twenty-fifth year of its first release. 
     

  • Satellite rights, box office drives Eros’ Q1 net up 45%

    Satellite rights, box office drives Eros’ Q1 net up 45%

    MUMBAI: Strong box office collections helped Indian film production and distribution company Eros International Media to report a 45 per cent increase in net profit in the first quarter ended 30 June 2012.

    Eros’ net profit in the first quarter was Rs 314.10 million, up from Rs 217 million a year ago.

    The company said its total income rose 60 per cent to Rs 2.59 billion in the first quarter from Rs 1.62 billion a year earlier on strong theatrical revenue growth driven by robust theatrical pre-sales and box office performance of Housefull 2, Teri Meri Kahaani, Vicky Donor and Ferrari ki Sawaari.

    Eros’s operating profit increased 42 per cent to Rs 523 million during the first quarter of 2012-13 from Rs 369 million a year earlier.

    During the quarter, the company released five Hindi language films and 18 Tamil and other Indian language films. Strong demand for satellite rights for the films also drove revenue growth. As part of the pre-sales strategy, Eros has signed a licensing agreement with Viacom18 Media. Accordingly, Viacom18’s Colors television channel will exclusively telecast Cocktail, Shirin Farhad Ki Toh Nikal Padi, Khiladi and catalogue films.

    Eros International Media MD Sunil Lulla said, “We are once again proud to have picked a fine slate of films such as Housefull 2, Ferrari ki Sawaari and Vicky Donor which have not only performed well at the box office but also been successfully monetised across television and digital platforms.”

    “We have continued to optimise our de-risking strategy with the combination of pre-sales and self distribution to give us consistent cash flow and provide visibility of revenues. We are especially encouraged by the box office success of a modest budget film like Vick Donor which demonstrated potential for smaller films among a growing multiplex audience and widening the appeal of our films.”

    Films slated for release by Eros over the next two years include Chakravyuh by Prakash Jha (starring Arjun Rampal, Abhay deol), Attacks of 26/11 by Ram Gopal Varma, Go Goa Gone (starring Saif Ali Khan), Tanu Weds Manu Season 2, Namak starring Shahid Kapoor and directed by Prabhu Deva and Sarkar 3 by Ram Gopal Varma, starring Amitabh Bachchan, Abhishek Bachchan.