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Awaiting price reaction for this filing.
Panorama Studios International Limited, along with co-licensor Monkey God Entertainment, has signed a licensing agreement with Madhuveer Com 18 Network Limited. Under the deal, they have exclusively assigned the Digital and Satellite Rights of the Gujarati feature film 'Maharani' to Madhuveer Com 18. The film, starring Mansi Parekh, Shraddha Dangar, Ojas Rawal, and Sanjay Goradia and directed by Viral Prakash Shah, will be streamed worldwide on the OTT platform 'JOJO'. The announcement was made under SEBI Regulation 30. No financial details such as deal value, revenue share, or contract duration have been disclosed.
This is a routine content licensing deal that gives the film a worldwide OTT distribution platform, which could support the company's content monetization. However, with no financial value or revenue impact disclosed, shareholders cannot gauge the material significance of this deal on revenue or profitability at this stage.