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    Home»Bollywood»Thug Life OTT Deal: Netflix Backs Out Of ₹130 Cr Settlement—Right here’s Why It’s Being Renegotiated
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    Thug Life OTT Deal: Netflix Backs Out Of ₹130 Cr Settlement—Right here’s Why It’s Being Renegotiated

    Heena SinghBy Heena SinghJune 25, 20252 Mins Read
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    Thug Life OTT Deal: Netflix Backs Out Of ₹130 Cr Settlement—Right here’s Why It’s Being Renegotiated
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    Thug Life OTT Deal: Netflix Backs Out Of ₹130 Cr Settlement—Right here’s Why It’s Being Renegotiated
    Is Netflix Renegotiating The OTT Deal For Kamal Haasan’s Thug Life? ( Photograph Credit score – YouTube )

    Within the period of OTT, movie producers usually are likely to promote streaming rights even earlier than a movie is theatrically launched, and one thing related occurred with Thug Life. The pre-release streaming rights deal was reportedly set at INR 130 crores. The principle cause the movie fetched such a excessive value was the expertise concerned: directed by Mani Ratnam and starring Kamal Haasan and Silambarasan. The movie additionally generated vital pre-release hype.

    Nonetheless, as soon as it hit theatres, issues didn’t go as anticipated. Kamal Haasan himself damage the movie’s prospects because of the Telugu language controversy. Along with the woes of the Thug Life crew, there at the moment are studies that Netflix is renegotiating the streaming deal.

    What Is Netflix Wanting To Change In Its OTT Deal For Thug Life?

    Netflix now not desires to pay the initially agreed-upon quantity of INR 130 crores, because the movie turned out to be a dud on the field workplace. They reportedly need to renegotiate for higher phrases. In line with M9 Information, Netflix floated the concept of buying the movie for INR 90 crores. Nonetheless, the Thug Life crew managed to barter and persuade Netflix to settle at INR 110 crores. Formally, nobody has confirmed this, so it stays hypothesis. As beforehand reported, the movie is coming to streaming after a four-week theatrical run, as an alternative of the eight weeks initially talked about earlier than launch.

    What Is The Plot Of Thug Life?

    The story follows a gaggle of gangsters. Throughout a violent police shootout, a younger boy loses his father and is taken in by the gang’s chief. The boy’s sister goes lacking throughout the chaos, and the gang chief guarantees to assist him discover her. Years cross. Now grown up, the boy has grow to be the gang chief’s trusted right-hand man and the inheritor obvious. However on this planet of crime, betrayal, backstabbing, and energy struggles are inevitable.

    See also  Amid Jolly LLB 3–VPF controversy, PVR Inox faces investigation by Competition Commission of India : Bollywood News - Bollywood Hungama

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