‘King’ Nets Record-Breaking Overseas Distribution Deal
By Screen Entry Desk · 31 October 2026

Shah Rukh Khan’s upcoming film ‘King’ has clinched the largest overseas theatrical rights sale in Indian cinema history, fetching Rs 175 crore. The massive Minimum Guarantee deal shifts the film’s global rollout to Phars Films, raising the bar for future cross‑border releases.
The buzz around Shah Rukh Khan’s much‑anticipated project ‘King’ has reached a new high after trade sources confirmed a historic overseas distribution agreement. Phars Films has stepped in as the new international distributor, securing the film’s worldwide theatrical rights for a staggering Rs 175 crore on a Minimum Guarantee (MG) basis. This figure eclipses any previous overseas sale for an Indian movie, signaling a paradigm shift in how Bollywood titles are marketed abroad.
The deal also marks a strategic change in partnership, as Phars Films replaces Yash Raj Films, the long‑standing overseas distributor for many of SRK’s ventures. Industry insiders say the MG model offers the producer a guaranteed revenue stream while allowing the distributor to reap additional upside based on box‑office performance. For actors and directors eyeing global exposure, this arrangement underscores the growing confidence in Indian content’s universal appeal.
Analysts point out that the Rs 175 crore figure reflects not only the star power of Shah Rukh Khan but also the expanding appetite for high‑budget Indian spectacles in markets like North America, the Middle East, and Europe. The move is expected to set a new benchmark for future projects, prompting producers to negotiate larger upfront guarantees and to explore diverse distribution partners beyond the traditional Yash Raj network.
For film enthusiasts, the news adds another layer of excitement to ‘King’s’ rollout, promising a wider theatrical footprint and potentially higher production values backed by robust overseas financing. As the industry watches the film’s performance, the deal could reshape the economics of Indian cinema’s global outreach, encouraging more ambitious storytelling and collaborative ventures across borders.