Mukta Arts Lands Major Deal with Zee Entertainment
Mukta Arts, led by Subhash Ghai, has entered into a significant agreement with Zee Entertainment for the satellite and media rights of 37 films over a six-year period. The deal will commence on August 25, 2027, with a 25% increase in consideration compared to a previous agreement.
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Subhash Ghai's Mukta Arts has secured a major agreement with Zee Entertainment for satellite and media rights. The deal covers 37 films over six years.
An 'assignment agreement and term sheet' has been signed between Mukta Arts and Zee Entertainment Enterprises, according to a regulatory filing.
The rights assignment, beginning August 25, 2027, comes with a 25% higher compensation compared to a previous agreement, the filing noted. In the financial year ending March 31, 2024, Mukta Arts reported revenue of Rs 275.16 crore. The company also produces TV and OTT content and operates multiplexes under Mukta A2 Cinemas.
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