According to the report, Phars Films has taken over overseas distribution of Shah Rukh Khan’s King, reportedly paying a minimum guarantee (MG) of Rs 175 crore. For film business news and entertainment explainers, keep Technosports bookmarked.
King Deal : Overview
| Detail | Reported Info |
|---|---|
| Film | King (Shah Rukh Khan, directed by Siddharth Anand) |
| New overseas distributor | Phars Films |
| Earlier plan | Yash Raj Films |
| Reported MG | Rs 175 crore |
| Previous overseas MG record | No Indian film had crossed Rs 100 crore |
| Recovery target | Around USD 48-50 million overseas gross |
What Changed?
King was originally slated to go overseas through Yash Raj Films, which handled Jawan and Dunki internationally on a commission model. In that setup, the distributor simply charges a fee and doesn’t pay any upfront guarantee.

Phars reportedly made an offer too big to refuse. Paying a guaranteed sum upfront takes a chunk of risk off the producers, which is rare in today’s Bollywood.
How Phars Plans to Play It?
Phars is expected to sell individual territories to sub-distributors while directly handling the Middle East, where it is based. There’s even talk of a huge offer already coming from Germany. Many territory distributors should stay the same, but the biggest changes are expected in North America, the UK and the Middle East, where Yash Raj has traditionally worked through its own offices.
The Big Challenge
Here’s the catch. To recoup the investment, King reportedly needs an overseas gross close to Jawan and Pathaan, around USD 48 million. Since some territories may be sold at a premium, the real target could be nearer USD 50 million.
It also faces tough competition. The report names Hollywood tentpoles like Avengers: Doomsday, Dune Part 3 and Jumanji 3 for the Christmas-New Year window.
Why It Matters?
If the numbers hold, this deal signals growing global confidence in Indian cinema, and in Shah Rukh Khan’s overseas pull in particular. It could change how future big-budget films are sold abroad. Find more stories like this on Technosports.
FAQs
Q1. How much has Phars Films reportedly paid for King’s overseas rights?
A minimum guarantee of Rs 175 crore, which the report calls unprecedented for an Indian film.
Q2. Who was originally set to distribute King overseas?
Yash Raj Films, which handled Jawan and Dunki abroad on a commission basis.





