MUMBAI: Sun TV Ltd and Raj TV Network have reached an out-of-court settlement over disputes on 66 Tamil films valued at around Rs 19 million.

According to the agreement, both the networks can screen these movies on their channels. The titles include blockbusters such as Dalapathy, Nayakan and Kaathal Kottai. "We recently arrived at an out-of-court settlement. Both the networks can show these movies," a source close to Raj TV Network said.

Claiming to have the perpetual rights to these 66 movies, Raj TV had moved the Chennai High Court against Sun TV.

Sun TV has also made a similar statement in its initial public offering (IPO) document. "We are party to 15 civil suits with Raj TV, either filed by us or by Raj TV, in relation to alleged infringement of copyright in respect of 66 Tamil films. Raj TV and we have reached an agreement to settle all the aforesaid civil suits. Under the terms of the agreement, Raj TV and us have agreed to withdraw these cases upon each of them being listed," the company said.

Tamil and Malayalam combined, Sun owns a movie library of around 2,650 films. Raj TV owns about 2000 to 2500 Tamil movie titles.