For weeks, Alpha has been surrounded by intense speculation. From rumours of an alleged fallout between Alia Bhatt and Bobby Deol to chatter suggesting that the next chapter in the YRF Spy Universe might bypass cinemas for a direct OTT debut, the film has consistently dominated entertainment headlines.
Now, the air has been cleared. Yash Raj Films (YRF) has officially confirmed that Alpha will receive a grand theatrical release, shutting down reports of a direct-to-digital premiere.
YRF Shuts Down OTT Buzz
Recent trade reports claimed that Yash Raj Films had closed a massive ₹215 crore deal with Netflix India for a straight-to-OTT release. The figure and the scale of the alleged deal quickly fueled speculation that the studio was reconsidering its theatrical strategy for the female-led action spectacle.
However, the production house has categorically dismissed these claims.
As quoted in industry reports, an official statement clarified that rumours suggesting Alpha would stream directly were baseless and aimed at casting a heroine-fronted film in an unflattering light. The studio emphasised that it takes immense pride in crafting cinematic experiences for the big screen and that Alpha remains a key tentpole project in its theatrical slate.
A Crucial Film In The YRF Spy Universe
Alpha is positioned as a significant addition to the expanding YRF Spy Universe — a franchise that has delivered major blockbusters and redefined the modern Hindi action template.
With Alia Bhatt leading the narrative and Sharvari Wagh playing a pivotal role, the film marks a notable shift toward a female-led action spectacle within the spy franchise framework. The theatrical commitment reinforces YRF’s confidence in the film’s scale, production value and box office potential.
Given the studio’s consistent focus on large-format storytelling, the decision to prioritise cinemas aligns with its long-standing distribution strategy.
Release Date Locked
The film is slated for a theatrical release on April 17, 2026. With speculation now addressed, industry focus is likely to shift back to the film’s content, action design, and its role in expanding the spy universe narrative arc.
Jay-Ho Insider
By firmly rejecting the ₹215 crore OTT deal rumours, Yash Raj Films has reaffirmed its commitment to the theatrical experience. Alpha is not just another release — it is positioned as a flagship, big-screen event anchored by Alia Bhatt and Sharvari Wagh.
As anticipation builds toward April 2026, one thing is clear: Alpha is heading to cinemas, and the Spy Universe is expanding — this time, with its leading women at the forefront.
