LOI with Sony Pictures Networks for OTT rights of Malayalam film Unmadam
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 1.0 pts more than its Film Production, Distribution & Exhibition peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Panorama Studios International has signed a Letter of Intent with Sony Pictures Networks Entertainment to acquire non-linear and on-demand transmission rights for its Malayalam film titled Unmadam. The rights cover Sony LIV and other OTT platforms where Sony LIV is distributed. Financial terms have not been disclosed.
Positive association with a major OTT partner supports content monetisation pipeline, though deal value and final terms are yet to be disclosed.