Adlab Films Ltd. acquire Krrish at a whopper |
By IndiaFM News Bureau, October 24, 2005 - 05:59 IST |
Some time back we had informed you that UTV was pitching to acquire the overseas distribution rights of Krrish at a whopping sum of 7 crores. Well the news wasn't untrue at all. But UTV lost the deal to a new entrant in the distribution market. Adlabs-Reliance (a joint venture of the Adlabs cinema group and Reliance Infocomm) has entered the market and acquired the rights for Krrish for a higher price than UTV. This is an exceptionally high price for a solo starrer. They have also acquired the Indian video rights for Krrish. Reportedly Adlabs-Reliance has also acquired the distribution rights of some other big forthcoming productions in Bollywood like Farhan Akhtar's Don, Karan Johar's Kabhi Alvida Na Kehna, Ravi Chopra's Babul and Sajid Nadiadwala's Jaaneman. |
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