Alia Bhatt starrer Alpha is a ‘tentpole’ film; Netflix bid reportedly rejected for theatrical release

Alia Bhatt and Sharvari starrer Alpha has sparked fresh industry buzz amid reports about its release strategy. The action drama marks the first female led chapter of Yash Raj Films Spy Universe. While speculation suggested that the film might skip theatres and arrive directly on OTT, the studio has now clarified its stand.

According to a report by Variety India, the film reportedly received a substantial offer from Netflix for a direct digital premiere. The figure is estimated to be around Rs 215 crore. However, Yash Raj Films is said to have declined the proposal, choosing instead to back a theatrical release.

A spokesperson from the studio addressed the rumours, stating, “[That] ‘Alpha’ [is] going to stream directly [is a rumor that] aims at putting a heroine-fronted film in an unflattering light. Yash Raj Films will never put films from its theatrical slate directly to streaming. We are a studio that takes immense pride in making cinematic experiences. ‘Alpha’ is a tentpole movie for the company.”

The statement further read, “Alpha’ is our attempt in trying to mount something incredibly special. With one of the finest actors of our country, Alia Bhatt, headlining the film, along with another brilliant young actor, Sharvari. We are hopeful that we have made a good film in ‘Alpha’ and it will entertain everyone and prove that audiences will give the same amount of love to this film as they shower upon other action movies.”

The film was initially slated for a December 25, 2025 release. It was later shifted to April 17, 2026 due to pending VFX work. Reports now suggest another delay to avoid a box office clash with Battle of Galwan, headlined by Salman Khan.

Directed by Shiv Rawail, the film has been largely shot in Kashmir. Bobby Deol is expected to play the antagonist, reportedly mentoring Bhatt’s character before turning into her rival.