It's Official: Drishyam 3 is Coming! Panorama Studios Acquires Worldwide Rights for Mohanlal's Cult Crime Thriller
In a massive development for Indian cinema, the third installment of the legendary Drishyam franchise has been officially confirmed. Panorama Studios International Limited has announced the acquisition of exclusive worldwide rights for the original Malayalam film, Drishyam 3.
According to a formal filing submitted to the Bombay Stock Exchange (BSE) on November 24, 2025, Panorama Studios has secured the exclusive worldwide theatrical rights (for India and Overseas), along with digital and airborne rights from the production house Aashirvad Cinemas.
According to the official filing, the film marks the reunion of the franchise"™s iconic team, featuring the legendary Mohanlal reprising his celebrated role as Georgekutty, alongside Meena and Ansiba, with franchise creator Jeethu Joseph returning to the director's chair. This acquisition represents a major strategic shift, as Panorama Studios has historically been associated with producing the Hindi adaptations of the series. By securing the rights to the original Malayalam version, the studio signals a clear intent to execute a unified, Pan-Indian release strategy designed to maximize the global reach and commercial potential of the Georgekutty brand.
Drishyam stands as arguably the most successful story franchise in the history of Indian cinema. At its core, the family thriller revolves around a common man going to extraordinary lengths to protect his family"”a universal theme that has resonated deeply across cultures. This immense appeal has seen the film remade in Hindi, Kannada, Tamil, Telugu, and Sinhala. The franchise has even broken international barriers with a Chinese adaptation, and a Korean remake is currently in the works, further cementing its status as a global storytelling phenomenon.
The saga began with the original Malayalam film in 2013, a release that fundamentally changed the industry landscape. Produced on a modest budget of approximately ₹3.5"“5 crores, it shattered records to become the first Malayalam film to cross the ₹50 crore mark, eventually grossing over ₹75 crores worldwide. Its impact went far beyond financial numbers; the film ran for more than 150 days in theaters and established the template for the numerous remakes that followed.
When Drishyam 2 arrived in 2021, it navigated a different path due to the pandemic, opting for a direct-to-OTT release on Amazon Prime Video. Despite the absence of traditional theatrical box office figures, the sequel achieved equal success, trending at #1 in India and becoming one of the most-watched films on the platform that year. It was widely celebrated by critics and fans alike as a rare sequel that matched the brilliance and intensity of the original.
To understand the significant value of this new deal, one must look at Panorama Studios' track record with the franchise's Hindi adaptations. The 2015 Hindi remake was a significant "sleeper hit," collecting approximately ₹110 crores worldwide. However, the 2022 release of the Hindi Drishyam 2 became a box office juggernaut; defying post-pandemic slumps, it emerged as a massive blockbuster with a worldwide collection of over ₹342 crores, proving that the audience's appetite for this franchise is growing exponentially.
The acquisition of rights by Panorama Studios suggests that Drishyam 3 will not just be a regional release but a global cinematic event.
Fans have been speculating how the saga of Georgekutty will end. With Jeethu Joseph back at the helm and Panorama ensuring a massive distribution network, Drishyam 3 is poised to be one of the biggest openers in Indian cinema history.As per the filing signed by Company Secretary Yatin Chaphekar, the deal is sealed, and the countdown for the Final Chapter has officially begun.
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