SPECIAL COVERAGE
CHANDIGARH

LUDHIANA

DELHI


THE TRIBUNE SPECIALS
50 YEARS OF INDEPENDENCE

TERCENTENARY CELEBRATIONS
M A I N   N E W S

Strike leaves Bollywood ‘reeling’
No movies as tiff between producers, multiplex owners halts work

Mumbai, April 4
No new Hindi films will be released in the country from today as film producers began their indefinite strike after their long standing deadlock over revenue sharing with multiplex owners failed to yield results.

While the producers are demanding equal share in ticket sales from the multiplex owners, the latter want "performance based" revenue sharing.

Producers and distributors have been compelled to go on strike with a heavy heart, Filmmaker Mukesh Bhatt, who heads the United Producers Distributors Forum, told PTI.

Producers, distributors and exhibitors stand to lose about Rs 100 to 200 crore due this stand-off. Bhatt said the losses could mount to over Rs 500 crore if a solution is not reached at the earliest.

Singles screens have also been caught in the stand-off between the multiplex owners' and the producers. “We have nothing against single screen theaters and will take a call to release new films there in due course of time,” he said adding that “the producers will have to plan their marketing strategy for release of films in single screens.”

“We will give a boost to single screens in the next few months. It is the issue of our survival and the multiplex owners are just not ready to understand,” he said. — PTI

Back

 





HOME PAGE | Punjab | Haryana | Jammu & Kashmir | Himachal Pradesh | Regional Briefs | Nation | Opinions |
| Business | Sports | World | Letters | Chandigarh | Ludhiana | Delhi |
| Calendar | Weather | Archive | Subscribe | Suggestion | E-mail |