financetom
Business
financetom
/
Business
/
Anushka Sharma’s Clean Slate Filmz inks $54-mn deal with Amazon, Netflix: Report
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Anushka Sharma’s Clean Slate Filmz inks $54-mn deal with Amazon, Netflix: Report
Jan 25, 2022 11:41 AM

Anushka Sharma and Karnesh Ssharma’s Clean Slate Filmz has signed a $54-million deal with OTT streaming services to produce original movies for them. The company has signed a deal with Amazon for its Prime Video platform and streaming giant Netflix to release eight films and series on the platforms over the next 18 months, reported Bloomberg.

Also read: Why India is a ‘frustrating’ market for Netflix

While COVID-19 has shuttered film productions and theatres across the country, the pandemic has also exposed how hundreds of millions of Indians have now taken to OTT services for their entertainment consumption. The rapidly-growing market is action-packed, with mega players Amazon Prime, Disney+ and Netflix trying to compete with each other and other domestic offerings in the country.

Also read: How Swedish media group NENT is taking on Netflix, Disney and other OTT biggies

The boom in OTT movie and TV business has also meant that Bollywood has been able to survive with straight-to-platform originals being produced despite theatres being largely shut over the past three years.

Clean Slate has been one of these production houses which has been able to adapt and thrive. The company was founded in 2013 by the two siblings, and released its first film NH10 in 2015. The movie starred Sharma and had opened to commercial and critical acclaim.

Also read: Explained: Why is Netflix’s subscriber growth slowing?

What has happened over a period of time is ambition is also going up within the studio systems. And that's great for people like us," Ssharma told Bloomberg.

But the production house has now dived into edgier and modern productions like Netflix’s Bulbbul and the Prime Video series Paatal Lok. Current productions in the works include Mai, a new Netflix series starring Sakshi Tanwar; Qala, the acting debut for Irrfan Khan’s son Babil Khan; and sports biopic Chakda ‘Xpress, which will see Sharma in a leading role once again.

Also read: Budget 2022-23: Expectations from media and entertainment sector

(Edited by : Shoma Bhattacharjee)

First Published:Jan 25, 2022 8:41 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Meyer Burger shuts down US solar panel factory in Arizona
Meyer Burger shuts down US solar panel factory in Arizona
May 29, 2025
(Reuters) -Switzerland's Meyer Burger shut down a U.S. solar panel factory in Arizona, cutting all 282 employees, the company said on Thursday. The company said it was in talks with a group of bondholders about restructuring, but that the future of the Goodyear, Arizona site was uncertain. ...
Red Robin Gourmet Burgers Fiscal Q1 Adjusted Earnings Swing to Profit as Revenue Rises; Shares Surge
Red Robin Gourmet Burgers Fiscal Q1 Adjusted Earnings Swing to Profit as Revenue Rises; Shares Surge
May 29, 2025
04:41 PM EDT, 05/29/2025 (MT Newswires) -- Red Robin Gourmet Burgers ( RRGB ) reported fiscal Q1 adjusted earnings late Thursday of $0.20 per diluted share, swinging from a loss of $0.73 a year earlier. Five analysts surveyed by FactSet expected a loss of $0.49. Revenue for the quarter ended April 20 was 392.4 million, up from $388.5 million a...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Costco Q3 Earnings: Revenue Beat, EPS Beat, Comps Up 5.7%, Membership Fee Growth And More
Costco Q3 Earnings: Revenue Beat, EPS Beat, Comps Up 5.7%, Membership Fee Growth And More
May 29, 2025
Costco Wholesale Corp ( COST ) reported third-quarter financial results after the market close on Thursday. Here’s a look at the key details from the report. Q3 Earnings: Costco reported third-quarter revenue of $63.2 billion, beating analyst estimates of $63.19 billion. The membership-based retailer reported third-quarter adjusted earnings of $4.28 per share, beating analyst estimates of $4.13 per share, according to Benzinga Pro....
Copyright 2023-2026 - www.financetom.com All Rights Reserved