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Awaiting price reaction for this filing.
Panorama Studios International has acquired exclusive worldwide theatrical rights (India and overseas), along with digital and airborne (in-flight) rights, for the upcoming Malayalam film 'Drishyam 3' from Aashirvad Cinemas. This is the third film in the popular Drishyam franchise starring Mohanlal, directed by Jeethu Joseph. The company has not disclosed the financial value of the deal or the revenue impact. The previous Drishyam films were major commercial successes, and this acquisition gives Panorama full distribution and streaming rights globally for the franchise's new installment.
Positive sentiment for the stock as it adds a high-profile franchise title to Panorama's content library, but the lack of deal value disclosure limits how investors can gauge the financial upside. Shareholders may watch for further updates on distribution plans and box office performance.