SRK’s OSO Bombay circuit rights sold for Rs 90 mn

MUMBAI: In the next few months till its release, all eyes are going to be on the Shah Rukh Khan and Deepika Padukone starrer Om Shanti Om. While Eros International has bought the worldwide rights of the film, Shree Ashtavinayak Cine Vision Ltd has now purchased the Bombay territory rights except for Mumbai city and suburbs.


 


According to sources to the development, Shree Ashtavinayak Cine Vision Ltd has bought these rights for Rs 90 milliion (Rs 9 crores). It is pertinent to note here that Shree Ashtavinayak had entered into the big league of distributing Bollywood films in 2004 by purchasing the rights of Main Hoon Na for Rs 40 million (Rs 4 crores).


 


Incidentally Main Hoon Na had the same winning combination of Shah Rukh Khan and director Farah Khan as that of Om Shanti Om.


 


However when contacted by Businessofcinema.com, Shree Ashtavinayak Cine Vision CEO Dhilin Mehta said, “We are in negotiations for Om Shanti Om for the Mumbai territory but a deal has not been signed yet.”


 


Shree Ashtavinayak Cine Vision has a deal with The Indian Film Company (IFC) for production of movies. The company recently sold the world rights of Kareena Kapoor and Shahid Kapur starrer Jab We Met directed by Imtiaz Ali to IFC. 


Meanwhile, Shree Ashtavinayak Cine Vision’s scrip closed strong on the bourses and touched its 52 week high of Rs 398.40. The stock was up Rs 7.70 (1.97 per cent) today (11 Septmeber, 2007) even while the market crashed.


Related story:
Eros to release Om Shanti Om in 2k screens

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