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MUMBAI:
PVR Cinemas has sold the satellite rights of its soon-to-be
released Dibakar Banerji-helmed film Shanghai for Rs
90 million. But it has not declared as to whom the rights
have been sold to.
When
indiantelevision.com contacted PVR Group president Kamal
Gyanchandani wanting to know the details of the rights,
he desisted in giving information. "We will be
coming out with the information soon," he said.
Shanghai
is a political thriller based on the novel Z by Vassilis
Vassilikos. It stars Emraan Hashmi, Abhay Deol, Kalki
Koechlin, Prosenjit Chatterjee and Amin Raj.
Gyanchandani confirmed that the cost of production
of Shanghai was Rs 125 million, while print and advertisement
cost was Rs 80 million. He also confirmed that 20
per cent of the all India theatrical rights have been
sold for Rs 40 million and music rights for Rs 27.6
million.
At
this rate, PVR has to recover Rs 47.4 million from
80 per cent Indian theatrical rights, overseas rights
and home video rights. "We are keeping our fingers
crossed. Wait and watch," Gyanchandani observed.
The
film is slated for release on 8 June.
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