Naga Chaitanya's 'Thandel' Post-Theatrical Digital Rights Sold To Netflix For Record 40 Crore
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Hyderabad, April 29 - Telugu actor Naga Chaitanya reunited with director Chandoo Mondeti for a rustic love story action thriller Thandel which is scheduled to release theatrically later this year. The movie has Sai Pallavi as the female lead, reuniting with Chaitanya after Love Story (2021).
Thandel is touted to be the best film of Naga Chaitanya and hence, not only in trade, the movie is in hot demand in digital and satellite. Recently, it was announced that Netflix acquired the post-theatrical streaming rights of the movie and now, according to the latest Telugu media reports, the streamer has paid a whopping 40 crores for the same.
The 40 crores deal with Netflix is the highest-ever digital deal for a Naga Chaitanya film which shows the anticipation for the movie among the audiences. It is not yet clear how long the theatrical window will be but Netflix usually pay higher prices for a short window (4 weeks).
Thandel is produced by GA2 Pictures in association with Geetha Arts. Devi Sri Prasad scores the music for the movie which is said to be the biggest budgeted one for Chaitanya. The movie will be released in multiple languages, including Hindi, in the second half of 2024.
Stay tuned...
Hyderabad, April 29 - Telugu actor Naga Chaitanya reunited with director Chandoo Mondeti for a rustic love story action thriller Thandel which is scheduled to release theatrically later this year. The movie has Sai Pallavi as the female lead, reuniting with Chaitanya after Love Story (2021).
Thandel is touted to be the best film of Naga Chaitanya and hence, not only in trade, the movie is in hot demand in digital and satellite. Recently, it was announced that Netflix acquired the post-theatrical streaming rights of the movie and now, according to the latest Telugu media reports, the streamer has paid a whopping 40 crores for the same.
The 40 crores deal with Netflix is the highest-ever digital deal for a Naga Chaitanya film which shows the anticipation for the movie among the audiences. It is not yet clear how long the theatrical window will be but Netflix usually pay higher prices for a short window (4 weeks).
Thandel is produced by GA2 Pictures in association with Geetha Arts. Devi Sri Prasad scores the music for the movie which is said to be the biggest budgeted one for Chaitanya. The movie will be released in multiple languages, including Hindi, in the second half of 2024.
Stay tuned...
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