»   » 

Harry Potter last film not being screened in Indian multiplexes?

Posted by:
Share this on your social network:
   Facebook Twitter Google+    Comments Mail

Here is a bad news for Harry Potter fans of India. The much-anticipated movie Harry Potter And The Deathly Hallows Part 2 may not be screened in multiplexes as Warner Bros. Pictures and multiplex owners are caught in a profit sharing deadlock. Sources claim that multiplex owners are demanding change in the profit sharing equation in their favour.

According to sources, a group consisting of Prakar from PVR cinemas, Rajendra Singh from Fame and Inox, Jeevan Joshi from Big Cinemas, Thomas D'Souza from Cinemax and Anshu Kapoor from Fun Cinemas visited the Warner Brothers office for renegotiation, but their meeting resulted in a deadlock Apparently, no consensus has been reached as yet.

The current profit sharing equation is that Hollywood producers get 50 per cent in the first week, 42.5 in the second week, 37.5 in the third week and 32.5 in the fourth week. But now the multiplex owners are only offering 45 per cent in the first week, 37 in the second week, 32.5 in the third week and 25 in the fourth week.

Since Harry Potter And The Deathly Hallows Part 2 is the final movie the Harry Potter series, Warner Bros Pictures has lots of expectations from it. However, the studio bosses are very upset with the last minute demand of the Multiplex owners.

Read more about: harry potter

Hollywood Photos