Pintu
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PTI reports that no new Hindi Movie will released from today as producers began indefinite strike.
The link and the report from PTI are followed below:
http://www.ptinews.com/pti\ptisite.nsf/0/CC20FC12831358B56525758E0045B67D?OpenDocument
No new Hindi movies from today as film producers go on strike
Mumbai, Apr 4 (PTI) No new Hindi films will be released in the country from today as film producers began their indefinite strike after talks to break the deadlock over revenue-sharing with multiplex owners failed.
While 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.
Single screens have also been caught in the stand-off between multiplex owners' and producers. PTI
The link and the report from PTI are followed below:
http://www.ptinews.com/pti\ptisite.nsf/0/CC20FC12831358B56525758E0045B67D?OpenDocument
No new Hindi movies from today as film producers go on strike
Mumbai, Apr 4 (PTI) No new Hindi films will be released in the country from today as film producers began their indefinite strike after talks to break the deadlock over revenue-sharing with multiplex owners failed.
While 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.
Single screens have also been caught in the stand-off between multiplex owners' and producers. PTI