»   »   »  Filmmakers-multiplexes deadlock continues

Filmmakers-multiplexes deadlock continues

Subscribe to Filmibeat

The stalemate continues! The crucial meeting between producers/distributors and multiplexes, which took place on Tuesday (5th May) afternoon, has yielded no results. The producers have been insisting on a 50% revenue share for all weeks, while the multiplexes have offered 50%, 40% and 30% revenue share, it is learnt. The meeting ended with the two sides not arriving at a solution.

Meanwhile, the producers and distributors have decided to make a plan to release the films in single screens and independent multiplexes, but not in the national chain of multiplexes. The producers and distributors would now sit together and chalk out the release strategy and also the release dates in the next 10 days, so that the producers can go ahead and releases their films subsequently, after the plan is announced.

Get all the buzzing scoop from the world of entertainment - Filmibeat

X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Filmibeat sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Filmibeat website. However, you can change your cookie settings at any time. Learn more