Till very recently UTV Motion Pictures (Co-Producer) was not willing to sell the Mumbai circuit rights of Karan Johar's I HATE LUV STORYS, for as much as Rs. 6.50 crores! But now there is news that the deal for the Punit Malhotra directed IHLS has been finalized for the two biggest circuits of India, Mumbai and Delhi-U.P. Here are the exclusive details.
As per trade sources, Anil Thadani has bought the Bombay distribution rights of the Imran-Sonam starrer for Rs. 8 crores, though the amount could not be independently verified. The rights of the second biggest territory of India, Delhi-U.P. has been picked up by Subhash Ghai's Mukta Movie Distributors, again for a good price.
It is expected that UTV may sell the rights of the remaining circuits, if they get equally good offers.