# Phars Films pays Rs 175 crore for ‘King’ overseas rights in record deal 2026-10-31T02:11:36+00:00 | Entertainment | Indian Opinion Desk Corroboration: 3 independent outlets Phars Films has acquired the overseas distribution rights of Shah Rukh Khan’s upcoming film ‘King’ for a minimum guarantee (MG) of Rs 175 crore, the highest-ever overseas deal for an Indian film, according to reports by Pinkvilla, 123telugu.com and NDTV Profit. No Indian film had previously secured an overseas MG of even Rs 100 crore. The deal marks a shift from Yash Raj Films, which was originally slated to handle the overseas release. Phars Films will manage the Middle East market directly and other international territories through local distributors. Directed by Siddharth Anand, the gangster action drama marks the theatrical debut of Suhana Khan and features a cast including Deepika Padukone, Abhishek Bachchan, Rani Mukerji and Anil Kapoor. ‘King’ is scheduled for release on 24 December 2026. ## Indian Opinion Analysis All three outlets report the same core figures: Phars Films has taken over overseas distribution of Shah Rukh Khan’s ‘King’ from Yash Raj Films, paying a record Rs 175 crore minimum guarantee. Pinkvilla’s exclusive, which the others cite, leads with the unprecedented sum and the fact that no Indian film had previously crossed Rs 100 crore on an MG basis. 123telugu.com adds the supporting cast and the release date of 24 December 2026, which NDTV Profit omits. NDTV Profit’s straight-news version adds detail on how Phars will handle the Middle East directly and other markets through local distributors, a fact the other outlets do not include. The coverage is uniform wire-copy-style reporting, the differences are omissions of cast or release logistics. The next concrete milestone is the film’s release on 24 December 2026. ## Coverage Coverage: 3 sources, 3 neutral - pinkvilla.com (neutral report) Leads with exclusive and the historic sum - 123telugu.com (neutral report) Adds cast and release date, cites Pinkvilla - ndtvprofit.com (neutral report) Adds distribution strategy detail This brief was synthesised by AI from the 3 sources linked above, so one read covers every framing they carry. Tags: King, Phars Films, Shah Rukh Khan, Siddharth Anand, Yash Raj Films Canonical: https://indianopinion.org/phars-films-pays-rs-175-crore-for-king-overseas-rights-in-record-deal/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/phars-films-pays-rs-175-crore-for-king-overseas-rights-in-record-deal/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/