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Netflix signs Rs. 120 crore deal for ‘Thugs Of Hindostan’?

Netflix has reportedly signed a whopping Rs. 120 crore deal with the makers of Aamir Khan-Amitabh Bachchan’s next ‘Thugs Of Hindostan’.

The deal could see the film premiering online instead of television after its theatrical release. Bollywood Life reports that Netflix has signed an exclusive satellite and digital rights of the film. Khan is expected to retain theatrical and music rights of the film.

Only a few days ago, Netflix CEO Reed Hastings was pictured with Khan and Shah Rukh Khan. Industry buzz now suggests that the meeting was to discuss a plan to acquire digital rights for the stars movies. A source told SpotBoye, “Netflix wants to buy the rights of all films of Shah Rukh and Aamir which hit theatres from now on. This means that you will see the films of these two Khans first on Netflix and not on Sony/Star/Colors/ZEE.”

Keep it with BizAsiaLive.com for more.