Movies

Multiplex issue: No settlement in sight

MUMBAI: Even as the deadline of 4 April approaches, the day from when no new films

would be released in multiplexes, the stalemate between the producers and multiplex exhibitors continues. Contrary to the belief, no meetings were held between the two parties.

The no-hurry approach is obvious. No big films are slated for release during the course of the Indian Premier League (IPL) which has a tournament window between 18 April and 24 May.


"We have been approached by a few independent producers, but have not signed up with them. Only Percept Picture Company has offered its whole slate of films to us. The big film producers have stayed adamant," says E-City Ventures managing director Atul Goel.


Film producers have demanded for a higher pound of revenue share from multiplex exhibitors, something that would weigh heavily on the profitability of a sector that is still investing to expand reach and struggling to up ticket rates.


Says 24 Karat Multiplex CEO Padam Sacheti, "Both the parties are adamant, with neither side wanting a solution. Film producers want a 50 per cent share in the revenues for the first three weeks. Right now they are getting 50 per cent in the first week, 38 per cent in the second week and 28 per cent in the third week. We are ready to give them a 50 per cent share for all the initial three weeks, but based on the performance grade."


The exhibitors had bowed to Yash Raj Films last year as the production house had command over a content pipe that included Rab Ne Bana Di Jodi, Dostana, Roadside Romeo, Bachna Ae Haseeno, Thoda Pyaar Thoda Magic, Tashan and Krazzy 4. But with the entire heap of producers joining hands, the multiplexes prefer to get into a tug-of-war situation.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/21/ghazi-800x800.jpg?itok=Mb7dq7bT
Tax concessions would have boosted 'Attack On Ghazi'

The past week saw a variety of new releases. `The Attack On Ghazi’, was a rare war film for the Indian audiences and an underwater film about war between an Indian and Pakistani submarine, Ghazi. The film, based on the 1971 war, was painstakingly made. The other film, `Irada’ --- film’s title did...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/21/Amar%20Kaushik-800x800.jpg?itok=WPfYtYdK
Berlin Festival: Amar Kaushik's 'Aaba'wows audience

MUMBAI: Indian filmmakers never cease to amaze the global audience with their storytelling and filmmaking skills. As the Berlin Film Festival drew to a close on Saturday, Indians had a reason to rejoice. Debut filmmaker Amar Kaushik’s short film, Aaba bagged the prestigious award at the 67th Berlin...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/20/Sony-Le%20%281%29.jpg?itok=hyfMHMUo
Sony Le PLEX HD to air tribute-movies of Hollywood actors

This February, Sony Le PLEX HD will pay tribute to those well-known actors who passed away too soon into their career. From Heath Ledger to Paul Walker, Hollywood has lost some gems too early, leaving fans and critics disheartened and wanting for more. `WatchIt’s 9O’Talk themed ‘The Tribute’ will...

Movies Hollywood
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/20/Sultan.jpg?itok=dv1fl9eF
How Sultan and Naagin are being pirated in Russia

MUMBAI: Here’s some food for thought for Indian TV channel broadcasting executives zapping their channels via satellite, cable TV or VOD services into Russia or onto and syndicating content to Vladmir Putin’s land. And this includes movies such as Sultan, and super popular shows such as Naagin.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/17/irada%20%281%29.jpg?itok=Nv-MjIot
Irada....Docu-thriller?

The title Irada comes across as B-grade 1970s and it has little relevance to the theme of the film, which is honourable. The film is about an ecological problem, almost a disaster. The issue dealt with here, though, is not as infamous or as well known as the Bhopal gas tragedy.

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/17/ghazi%20%281%29.jpg?itok=S4_SNdBv
The Attack On Ghazi.....Worth watching but....

A lot of things seem to be going right for India and its people in various fields and, suddenly, people have learnt to take pride in achievements of her people in sports, space science, IT, coupled with a newly acquired sense of patriotism over past couple of years. This has been making many...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/16/sunil-lulla%20%281%29.jpg?itok=zEUe5UB6
Eros profits more than double in third quarter 2017

The Sunil Lulla led Eros International Media Limited (Eros) reported almost 2.5 times (2.496 times) consolidated profit after tax (PAT) for the quarter ended 31 December 2016 (Q3-16, current quarter) as compared to the corresponding year ago quarter (Q3-16). Eros PAT for the current quarter was Rs...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/14/pemra%20%281%29.jpg?itok=dwvPQn8o
Court permits private Pak channels to show Indian films

MUMBAI: A Pakistani court has permitted private television channels having valid licences to show Indian movies as per their conditions of agreement with Pakistan's regulator. In its October 2016 order, PEMRA had banned Pakistani private channels being operated through cable network from airing...

Movies Hindi
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/13/jolly%20%281%29.jpg?itok=Iz9nucIe
No film sustained after Dangal

The bad run at the box office continues as no film released after Dangal has been able to sustain. The new releases have not been able to hold their own post the opening weekend. After the midweek release of two major films, Kaabil and Raees backfired. The films could not draw enough footfalls...

Movies Hindi

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories