YRF Turns Down Netflix’s ₹215 Crore Offer, Alia Bhatt-Sharvari Wagh Film ‘Alpha’ to Release in Theaters
The highly anticipated Yash Raj Films (YRF) spy-universe project Alpha, starring Alia Bhatt and Sharvari Wagh, is set to release in theaters on 17 April 2026. Despite an attractive ₹215 crore streaming offer from Netflix, the production house has decided against an OTT release, opting for a theatrical premiere instead.
Announced in 2024, Alpha was originally scheduled for a 2025 release, with initial reports suggesting it might bypass theaters and stream directly on OTT platforms. However, according to a report by Variety India, Netflix had proposed a deal worth ₹215 crore to secure streaming rights. YRF declined the offer, stating their commitment to releasing the film exclusively in cinemas.
A YRF spokesperson confirmed, “Alpha will be released in theaters. Reports suggesting a dir...









