Streaming Giant Netflix Acquires Merry Christmas for Over Rs. 60 Crore

Sriram Raghavan’s highly anticipated film Merry Christmas, featuring leading stars Katrina Kaif and Vijay Sethupathi, has been making headlines recently. Originally scheduled for release in December 2022, the film’s premiere was postponed to December 2023. The movie’s promotional posters were recently unveiled, creating a viral buzz on social media. What’s noteworthy is that “Merry Christmas” has been shot in both Tamil and Hindi languages. According to reliable trade sources, the digital rights of the film have already been sold to streaming giant Netflix for a staggering sum of Rs. 60 crore, covering both the Hindi and Tamil versions.

Netflix’s Rs. 60 Cr Deal for “Merry Christmas” Sparks Speculation

According to a reliable trade source, Netflix has indeed paid a substantial sum of over Rs. 60 crore to acquire the digital rights of the film “Merry Christmas.” What makes this deal noteworthy is that the movie is not directly releasing on the OTT platform; instead, it will have a theatrical release on December 15, 2023, followed by its OTT premiere after eight weeks. The lucrative deal has raised eyebrows in the industry, with many wondering why such a large amount was invested in the digital rights. Apart from the OTT deal, there is also considerable buzz surrounding the satellite rights of the film. While the satellite rights are yet to be sold, the staggering price fetched by the digital rights has sparked discussions and speculation about the potential value of the project’s satellite rights as well.

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Merry Christmas, the upcoming film directed by Sriram Raghavan, boasts an impressive cast for both its Hindi and Tamil versions. The Hindi version stars Sanjay Kapoor, Vinay Pathak, Pratima Kannan, and Tinnu Anand, while the Tamil version features Radhika Sarathkumar, Shanmugaraja, Kevin Jay Babu, and Rajesh Williams in similar roles. Additionally, the movie introduces a talented child actor named Pari, along with exciting cameos by Ashwini Kalsekar and Radhika Apte. Although there has been no official confirmation, it appears that Merry Christmas is already showing promising signs of profitability for its producers. As for the film’s storyline, it revolves around Katrina Kaif and Vijay Sethupathi in the lead roles. Movie enthusiasts can look forward to its theatrical release on December 15, 2023.

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