A.R Murugadoss, the Tamil film director, has signed a record deal to do two joint venture projects in Tamil. The deal, which is yet to be made official, has Fox Star Studios (FSS) , a production and distribution concern, set up between Twentieth Century Fox and Star Group, entering into a multi-film deal with Murugadoss and his production company.

FSS has struck an exclusive deal where Murugadoss will direct and execute all the Tamil films co-produced by them. FSS will have the exclusive rights for distribution and marketing of these films. FSS had successfully marketed and distributed the Oscar winning Danny Boyle`s Slumdog Millionaire in India.

As per the deal, Murugadoss will initially co-produce and direct two Tamil films on a whopping budget of Rs 60 crore! When contacted, Murugadoss said he will speak after the official announcement of the deal is made by FSS.