Mukta Arts has entered into agreements with Zee Entertainment Enterprises for extension of its existing Satellite and Digital Rights of 37 films up to August 2027 for a total consideration of Rs 60 crore.
The entire consideration will be received by Mukta Arts by May/June 2020 in easy instalments. The revenue will however be recorded as per the guidelines provided by the Accounting Standards.
Mukta Arts is engaged in various areas of film making such as production, distribution, exhibition and imparting education.
