After
their
alleged
involvement
in
the
alleged
piracy
of
the
master-copy
of
What's
Your
Raashee?,
Shemaroo
has
suffered
a
big
blow.
Vipul
Shah,
who
was
seriously
negotiating
the
overseas
distribution
rights
of
London
Dreams
with
Shemaroo,
has
withdrawn
the
negotiations
and
almost
overnight
given
over
the
deal
to
Studio
18.
The
deal
happened
days
before
the
Shemaroo
official
accused
of
abetting
piracy
was
released
on
bail.
Says
a
source,
"Shemaroo
had
apparently
acquired
the
overseas
distribution
rights
for
London
Dreams
from
Vipul
Shah
for
a
hefty
advance
sum.
They're
however,
no
longer
distributing
the
film
overseas."
A
year
back,
Studio
18
was
in
negotiations
for
the
distribution
rights
of
London
Dreams
for
a
whopping
Rs.
120
crores.
But
the
deal
fell
through.
Now
Shah
is
back
with
Studio
18
after
the
recent
incident
at
Shemaroo.
Vipul
chooses
to
play
down
the
reason
for
his
withdrawal
from
advanced
negotiations
with
Shemaroo
for
London
Dreams.
"I
was
negotiating
with
Shemaroo.
But
the
deal
didn't
come
through.
However,
the
piracy
allegation
is
irrelevant.
Shemaroo
has
expelled
the
man
accused
of
piracy."
When
asked
if
he
ever
thought
that
his
withdrawal
from
Shemaroo
at
a
time
when
the
company's
image
has
been
dented
would
affect
them,
Vipul
counters,
"Why
should
I
worry
about
that?
We
were
under
negotiation.
We
didn't
come
to
a
deal.
We
were
even
talking
to
Yash
Raj.
But
I
got
the
best
deal
from
Studio
18.
Shemaroo
is
a
very
respectable
organization.
I
refuse
to
hold
this
one
incident
against
him.
They
had
distributed
Singh
Is
Kinng
and
I
was
happy
with
them."
As
for
piracy,
Vipul
says,
"After
the
Raashee
incident
the
cops
have
clamped
down
on
piracy.
You
won't
see
a
single
pirated
DVD
in
Mumbai.
Hopefully
this
is
the
beginning
of
the
end
for
piracy."