Panorama Studios Executes LOI with Sony Pictures

Key Transaction Details

Panorama Studios International Limited has executed a Letter of Intent (LOI) with Sony Pictures Networks Entertainment Private Limited. The LOI pertains to the acquisition of non-linear and/or on-demand transmission rights for the Malayalam language film titled "Unmadam". The transmission will occur via Sony LIV and any other OTT platform on which Sony LIV is distributed.

Financial Impact

Financial impact not quantified in the disclosure.