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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Panorama Studios International's subsidiary, Panorama Studios Inflight LLP, has signed an exclusive worldwide Airborne Rights Agreement with Red Chillies Entertainments Private Limited (Shah Rukh Khan's production house). The deal covers inflight entertainment rights for 39 Hindi-language films, including hit titles like Zero, Happy New Year, Chennai Express, Om Shanti Om, Swades, Main Hoon Na, Dear Zindagi, Chalte Chalte, and Dil Se. The agreement grants Panorama exclusive rights to exploit these films on airlines across the world, including India. The filing was made under SEBI Listing Regulations (Reg 30). Red Chillies is one of Bollywood's most prominent production houses, making this a high-profile content licensing deal.
This is a positive development as it expands Panorama's content library with premium Bollywood titles, strengthening its inflight entertainment offerings and potential revenue streams. For shareholders, the deal enhances the subsidiary's growth prospects, though the financial terms and revenue impact have not been disclosed.