Image Source: EquityBulls
Panorama Studios International Limited has announced the execution of a significant distribution agreement with Reliance Industries Limited, through its media and entertainment division, Jio Studios, for a high-profile film project.
Key Highlights:
The agreement will see Panorama Studios International, Ajay Devgn Ffilms LLP, and Reliance Industries (via Jio Studios) jointly produce a major upcoming movie.
Bollywood superstar Ajay Devgn and acclaimed actor R. Madhavan are set to headline the cast of the film, whose title is yet to be finalized.
The film is scheduled for release by the end of the current fiscal year, with further updates on the title and release date to be communicated to stakeholders in due course.
This collaboration marks a strategic alliance between leading players in the Indian entertainment sector, aiming to leverage their combined strengths in production, distribution, and star power.
The agreement is expected to enhance Panorama Studios International’s footprint in the Indian and global film markets, following its recent successes and rapid growth in the industry.
The partnership with Reliance Industries, one of India’s largest conglomerates, underscores the growing trend of high-value collaborations in the media and entertainment space.
The film is anticipated to be a major box office draw, given the involvement of top-tier talent both in front of and behind the camera.
Source: MarketScreener, India Today, Blinkx
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