MUMBAI: Subhash Ghai’s Mukta Arts Ltd has assigned India video rights of five of the company’s under production films to Ultra Distributors Pvt Ltd.
According to Mukta Arts, the deal has been struck at Rs 45 million (Rs 4.5 crore). The films include two movies (one small budget flick and a multi starrer one) directed by Ghai, and three other small budget movies by other directors.
Ultra managing director Sushilkumar Agarwal informs, “Ultra also had the India video rights for Ghai’s Apna Sapna Money Money, 36 China Town and Iqbal.”
