Mohanlal's Drishyam 3 Secures ₹100 Crore Investment Amid Legal Dispute with Amazon Prime Video
Amid Amazon Prime Video row, Mohanlal and Jeethu Joseph’s Drishyam 3 bags Rs 100 crore investment from Pen Studios
The Indian Express
Image: The Indian Express
Mohanlal's upcoming film Drishyam 3 has secured a ₹100 crore (approximately $12 million USD) investment from Pen Studios, despite facing legal challenges from Amazon Prime Video regarding its OTT rights. The film is set for release on May 21, coinciding with Mohanlal's birthday.
- 01Drishyam 3 has received a ₹100 crore investment from Pen Studios.
- 02Amazon Prime Video is currently involved in a legal dispute over OTT rights for the film.
- 03The film is slated for release on May 21, 2024.
- 04Aashirvad Cinemas previously secured ₹350 crore from pre-release distribution sales.
- 05Director Jeethu Joseph emphasizes an organic approach to storytelling for the franchise.
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Mohanlal's much-anticipated film Drishyam 3 has secured a significant ₹100 crore (approximately $12 million USD) investment from Pen Studios, a major production firm based in Mumbai. This investment comes amidst ongoing legal disputes with Amazon Prime Video, which has sought to restrain Aashirvad Cinemas from negotiating OTT rights with other parties. The Delhi High Court has granted interim relief to Amazon, which claims a contract from 2020 guarantees its ownership of future installments in the Drishyam franchise. The court will hear the case again on May 15. Despite these challenges, Drishyam 3 is set to release on May 21, 2024, coinciding with Mohanlal's 66th birthday. The film has already garnered ₹350 crore from pre-release distribution sales, underscoring its commercial potential. Director Jeethu Joseph has stated that his focus remains on the characters and their development rather than trying to outdo previous installments, promising a unique narrative for the third part of the franchise.
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The investment indicates strong confidence in the film's potential, which could benefit local cinema and related industries.
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