Big buck theory: Biz group buys Karzzz for Rs 350 mn

MONEY TALKS: RBE has bought the world theatrical, satellite and Internet rights for Karzzz.

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Mumbai: After investing $1 billion in Hollywood projects, Reliance BIG Entertainment (RBE) is expanding its footprint in India as well. It has acquired theatrical and other rights of T Series' much talked about film Karzzz for Rs 350 million.

RBE has bought the world theatrical, satellite and Internet rights for the film. This is apparently the highest price the movie starring composer-turned-actor Himesh Reshammiya has got so far.

The movie is shot on a lavish scale and T Series reportedly spent Rs 280 million on its production. Karzzz is the first of a three-movie deal Reshammiya had recently signed with the company for an undisclosed amount.

Apart from the Rs 350 million, T Series is expected to earn at least Rs 250 million more from TV and other rights.

Karzzz is a re-make of Subhash Ghai's hit of the same name that was released in the early 1980s.

Indra Kumar, who delivered a number of hits in the late 1980s, has directed Karzzz and his daughter Shweta Kumar makes her debut in it, playing the female lead opposite Reshammiya.

The cast includes Urmila Matondkar, Danny Denzongpa, Gulshan Grover and Raj Babbar.