It has been over a month since the standoff between Bollywood producers and multiplex owners started on revenue sharing ground. Producers of Bollywood film industry want a bigger chunk of revenue, while multiplex owners, who initially wanted a performance based revenue, now want 50:50 after tax revenue sharing in the first week, and then 60:40 in the second week, 70:30 in the third week and then 75:25 in the fourth week after the release. Recent talks between two parties ended without any solution for the dispute.
Release of a number of Bollywood films delayed due to the conflict and it has already cost multiplexes 300 million rupees. Multiplexes are trying to attract movie fans by showing old blockbuster
No comments:
Post a Comment