UTV acquires Sajid Nadiadwala's three films for Rs. 200 crores

Sajid Nadiadwala who made his directorial debut earlier this year with Kick seems to be on a roll. After the subsequent release and success of Kick, Sajid has fast become one name that keeps recurring. In fact last week we reported that Eros had acquired Sajid's next Housefull 3, that will commence shooting next year, for Rs. 100 crores. Now we hear that UTV has also decided to partake of Sajid's success.

It is learnt that UTV has acquired the rights for Sajid Nadiadwala's next three films, namely Phantomfeaturing Saif Ali Khan and Katrina Kaif, Tamasha starring Ranbir Kapoor and Deepika Padukone and Sabir Khan's next featuring Tiger Shroff. However, the interesting part of the said deal is that UTV has shelled out a whooping Rs. 200 crores as a minimum guarantee, with additional revenue that will come in from overflow from collections to acquire the three films.

Though official confirmation on the same is still pending, Phantom is expected to release in April next year, while Tamasha is under production. Housefull 3 takes off in Jan 2015.