Netflix paid Rs 120 crore for the digital rights to the film Leo.
Netflix's Acquisition of Leo Digital Rights
Netflix secured the digital streaming rights for the highly anticipated film Leo by paying a substantial amount of Rs 120 crore. This acquisition ensures that Leo will be available on the Netflix platform for its subscribers.
The distribution of media rights for major films like Leo often involves multiple platforms acquiring different types of rights. For Leo, the rights were split as follows:
- Digital Rights: Acquired by Netflix.
- Satellite Rights: Purchased by Sun TV.
This strategic division allows film producers to maximize their revenue by selling various distribution channels to different broadcasters and streaming services.
Leo Rights Distribution Overview
To provide a clear understanding of the rights distribution for Leo, here's a summary:
Platform | Rights Acquired | Amount Paid (INR) |
---|---|---|
Netflix | Digital Rights | Rs 120 crore |
Sun TV | Satellite Rights | Rs 80 crore |
This breakdown highlights the significant investment Netflix made to bring Leo to its global audience via its digital platform, separate from the traditional television broadcasting rights secured by Sun TV.
For more details on the film's financial aspects, including cast salaries, you can refer to reports from reputable financial news outlets such as Financial Express.