Alpha to get theatrical release not OTT; YRF turns down ₹215 crore from Netflix for Alia Bhatt, Sharvari film: Report
Amid rumours that the next film from the YRF Spy Universe, Alpha, will get a direct OTT release, reports state that the makers turned down a huge offer.
Recently, there were rumours that the next film in the Yash Raj Films Spy Universe, Alpha, directed by Shiv Rawail, will go straight to OTT after the lukewarm response to War 2. There were even talks that YRF has cracked a massive OTT deal to facilitate this. However, Variety India reports that while the massive offer is true, YRF turned it down to give the film starring Alia Bhatt, Sharvari and Bobby Deol a theatrical release.

YRF turns down Netflix’s ₹215 crore offer
A source told the publication that YRF had struck a ₹215 crore deal with Netflix India for the direct digital release of Alpha. However, a spokesperson told them, “[That] Alpha [is] going to stream directly [is a rumour that] aims at putting a heroine-fronted film in an unflattering light. Yash Raj Films will never put films from its theatrical slate directly to streaming. We are a studio that takes immense pride in making cinematic experiences. Alpha is a tentpole movie for the company.”
The statement also states that with Alpha, the production house is attempting to ‘mount something incredibly special’. Alia is called ‘one of the finest actors of our country’ in it, while Sharvari is called a ‘brilliant young actor’. Reinforcing that the film will get a theatrical release, the statement added, “We are hopeful that we have made a good film in Alpha and it will entertain everyone and prove that audiences will give the same amount of love to this film as they shower upon other action movies.”
About Alpha
Alpha is from the YRF spyverse and was originally scheduled for release on December 25 last year. However, the film’s release date was postponed to April 17 this year due to extended, ‘unrealistic’ VFX timelines. Many, however, assumed that the postponement was due to Ayan Mukerji’s Hrithik Roshan and Jr NTR-starrer War 2 failing to make a mark. Alpha will not be released in April either to avoid a clash with Salman Khan’s Battle of Galwan.
Speaking about Alpha and Sanjay Leela Bhansali’s Love & War at BAFTA 2026, where she presented an award, Alia said, “I have two very different films coming out this year. One is an action entertainer, Alpha, and then there's Love and War as well. Complete quintessential Sanjay Leela Bhansali movie with love, drama, and all of that. I mean, a lot of years of hard work and love and honesty have gone into making this movie. As it does with every movie. I'm curious, actually, to see the response to both the films. I can never tell while I'm in it. When it's out there, just hand it over to the world.”
A new release date for Alpha has not yet been announced.
ABOUT THE AUTHORNeeshita NyayapatiDespite having a Master's degree in Journalism and over a decade of experience in print and digital media as a field reporter and sub-editor at organisations such as The Times of India and Reader's Digest, Neeshita Nyayapati remains a movie buff first and a Chief Content Producer second. She fell in love with movies in childhood and believes nothing matches the magic of watching a good film that moves you with a warm tub of popcorn in hand. Her love for writing about cinema follows that. Come Friday, you'll find her at her happy place, the movies, catching the latest rom-com or masala offering, for reviews or otherwise. As for the rest of the week, she's here reporting the juiciest news in Telugu, Tamil, Malayalam, Kannada and Hindi or bringing out the best of celebs in interviews. While her niche is Telugu cinema, Neeshita likes to dabble in a little bit of everything to stay up to date. From film announcements to scandals and hard news angles, she has explored it all. A good book, a comforting cup of hot chocolate, puppy kisses and a stunning beach view are all she needs to unwind. Her passion for biking and travelling has taken her to various places across the country. She has found peace in everything from the frozen lakes of Gangtok to the coffee plantations of Coorg and the dense forests of Bandipur, to the monasteries of Darjeeling. But no matter where she goes, Neeshita loves coming across inspiring and moving stories.Read More
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