This buyout has a filmy touch to it. Buoyed by its initial success in movie production, Marans-owned Sun Pictures has bought out the production rights for the costliest Indian movie to date Robot- starring Rajinikanth and Aishwarya Rai. The sci -fi movie, to be directed by Shankar and with a whopping Rs 100 crore + budget, was initially supposed to have been produced by London based Ayngaran International, in which Kishore Lulla-owned Eros International has a controlling stake.
But sources close to the development said owing to financial troubles, Ayngaran is transferring all the production costs of the movie to Sun Pictures. Officials at Ayngaran and Sun Pictures could not be reached for comment or further details. But sources involved in the deal said that a formal agreement will be signed on Thursday and the total value of the deal could cross a hundred crore. If the agreement goes through, this will be the second such bailout for the recently floated Sun Pictures.
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