Bollywood has a new talking point, and it is all about — Ajay Devgn’s Chauhaan rights deal REVEALED: Jio Studios gets 50% IP, 100% exploitation and music rights. Fans and trade analysts have been closely following every update, and the latest development adds another chapter to what has been an eventful week for Hindi cinema.
The Story So Far
Add as a preferred source on Google Reliance Industries Limited, through its media and entertainment division Jio Studios, is in the process of entering into a production agreement with Aanand L Rai’s Colour Yellow Media Entertainment Private Limited for the highly anticipated Hindi movie Chauhaan, starring Ajay Devgn.
The development has come to light through a public notice issued by Reliance Industries Limited in the August 22, 2026 issue of Complete silver major screen magazine. As per the notice, Chauhaan will be written and directed by Neeraj Yadav, while filmmaker Aanand L Rai will serve as the creative filmmaker. The notice lays out the proposed rights arrangement between Jio Studios and Colour Yellow in considerable detail.
Under the proposed agreement, Jio Studios will acquire 50% of the intellectual property rights and 50% of the derivative rights of Chauhaan, including the underlying works, across all languages, worldwide and in perpetuity. More significantly, Jio Studios is set to acquire 100% of the exploitation rights of the movie and all associated material across languages, platforms, media, mediums and formats.
This would cover existing as well as future modes of exploitation. The production house will also own 100% of the music rights of Chauhaan worldwide and in perpetuity. The notice further states that Jio Studios will have the right of first offer to produce, along with Colour Yellow, any audio-visual derivative works based on the movie.
Reliance Industries has invited any person, company or entity having a claim, objection, right or interest pertaining to the proposed arrangement, the movie or its rights to submit the same, along with documentary evidence, within seven days of the publication of the notice. While the production agreement is still described as being in the process of being entered into, the public notice provides the first detailed indication of the ownership and exploitation structure being planned for the Ajay Devgn-starrer.
Also Read: SCOOP: Vikrant Massey inks on Ajay Devgn’s Chauhaan; to play a layered grey part Catch us for latest Bollywood News, fresh Bollywood Movies update, box office numbers, fresh Movies arrival, Bollywood News Hindi, Entertainment News, Bollywood Live News Today & highly anticipated Movies 2026 and stay updated with latest hindi movies only on the publication.
For now, fans have plenty to discuss, and the industry has plenty to analyse. TeraMovies will be tracking every twist in this story as it unfolds, bringing you the full picture from the world of entertainment.
