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Awaiting price reaction for this filing.
Panorama Studios International Ltd announced that its subsidiary, Panorama Studios Inflight LLP, has signed an Assignment Agreement with Mini Films Private Limited. The deal grants exclusive Airborne Rights (in-flight entertainment) for the Hindi film 'Aankhon Ki Gustaakhiyan' across the world, including India. The film stars Vikrant Massey and Shanaya Kapoor and is directed by Santosh Singh. No financial value or deal size has been disclosed in the filing. The agreement enables the subsidiary to monetise the film through in-flight entertainment platforms globally.
The deal adds a new revenue stream from in-flight content licensing for the company, though the absence of disclosed value limits visibility on its materiality to overall earnings. Shareholders should watch for further disclosures on the financial terms or any follow-on content deals from the subsidiary.