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Kriti Sanon’s Mimi set for a direct-to-digital release

Kriti Sanon’s Mimi set for a direct-to-digital release

By: Mohnish Singh

Kriti Sanon has multiple films in the pipeline. One of her forthcoming projects is Maddock Films’ Mimi, which she had wrapped weeks before the coronavirus pandemic brought the entire world to its knees in 2020, causing lockdown in almost every nook and corner of the globe.


But while the film is ready since last year, it is still waiting for its release. The makers did not want to release it on any streaming media platform and waited for normalcy to return to give it a proper theatrical release.

However, the second wave of the pandemic threw pretty much all their plans into total disarray. And if fresh reports are to be believed, producer Dinesh Vijan has sold the film to a leading streaming media platform.

“Dinesh Vijan has inked a huge deal with a big streaming giant to premiere Kriti's Mimi, along with a few other projects that are already in place. While the team wanted to release their movies in theatres and even tried the same with Roohi, the current situation looks extremely bleak for theatres to even think of reopening. It does not seem likely in the next three months, because there is a possibility of a third wave,” a source close to the development informs an entertainment portal.

The source goes on to add, “Dinesh has checked all possibilities and finally decided to go online with Mimi. He has earned a good profit and is expected to make the announcement soon.”

Apart from Mimi, Dinesh Vijan is contemplating a digital release for his film Shiddat as well. Directed by Kunal Deshmukh, Shiddat stars Radhika Madan, Sunny Kaushal, Diana Penty, and Mohit Raina in lead roles. Just like Mimi, Shiddat has also been waiting for its release for quite some time now.

Keep visiting this space over and again for more updates and reveals from the world of entertainment.

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Netflix approves $25 billion buyback after scrapping Warner Bros bid

Highlights

  • Netflix board approved a $25bn share repurchase on 22 April, with no expiry date.
  • The move follows Netflix abandoning its $83bn bid for Warner Bros' streaming and studio assets.
  • Netflix stock has fallen more than 10 per cent since weak Q2 guidance, closing at $93.24 on 22 April.
Netflix has approved a $25 billion share buyback programme, using capital it had kept aside for its failed bid to buy Warner Bros.
The board gave the green light on 22 April, with the decision disclosed in an SEC filing the next day.
There is no expiry date on the programme. It comes on top of an existing December 2024 buyback that still had $6.8 billion left as of 31 March.

Earlier this year, Netflix pulled out of an $83 billion deal to acquire Warner Bros' streaming and studio assets after Paramount Skydance made a rival bid for Warner Bros. Discovery. Paramount then paid Netflix a $2.8 billion exit fee.

Co-CEOs Ted Sarandos and Greg Peters had already said the company would restart share buybacks once the deal was off.

Netflix shares have had a rough ride. They hit an all-time high of $134.12 in June 2025, then fell more than 40 per cent when the Warner Bros deal was announced.

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