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King Sells Overseas Rights for Reported ₹175 Crore

A reported ₹175 crore minimum guarantee shifts most financial risk to Phars Film, raising the overseas box‑office that King must earn for the December 24 release.

Overview

  • Multiple outlets reported on Saturday that Phars Film has acquired global theatrical distribution for Shah Rukh Khan’s King for a reported minimum guarantee of ₹175 crore.
  • Trade analysts say the MG passes heavy risk to the distributor because overseas distributors typically keep about half of gross receipts, which implies King would need roughly ₹350–475 crore in overseas ticket sales to break even.
  • The film’s marketing intensified around Shah Rukh Khan’s birthday with large public displays on Mannat and the Bandra‑Worli Sea Link and the timed release of the first song, 'Tu Mil Jaye', credited to Sachin–Jigar with vocals by Arijit Singh, Ed Sheeran and Madhubanti Bagchi.
  • Coverage also reports a behind‑the‑scenes shift in partners: Yash Raj Films stepped aside for Phars after Shah Rukh Khan reportedly spoke with Aditya Chopra, Anirudh exited the music team and T‑Series secured long‑term music rights.
  • The December 24 holiday slot places King against major Hollywood releases and creates a high commercial test for Phars Film, so box‑office performance in key markets such as North America, the UK and the Middle East will determine whether the distributor recoups the reported guarantee.