Movies

Strike ends, Bollywood films to release in multiplexes

MUMBAI: The standoff between producers and multiplexes that had put the Bollywood industry under financial stress has finally ended.

The all-important meeting yesterday saw the film producers and distributors body UPDF make headway with multiplex owners in resolving the dispute over revenue-share, making way for the two-month long strike to end.


New films



will start releasing in all national multiplex chains from 12 June, Mukesh Bhatt tells Indiantelevision.com.



Film producers will have to streamline supply and avoid the clutter of film releases which had halted since 4 April.


“Didn’t I tell you yesterday that we will give you good news tomorrow,” Bhatt further avers. "The strike has ended and the best part is all the plexes have agreed on our terms and have signed the agreement making way for exhibition of films from 12 June.”


Under the terms that have been amicably agreed upon, producers and multiplexes will split revenue equally in the first week of the film‘s release. Producers will get 42.5 per cent for the second week, 37.5 per cent in the third week, and 30 per cent for the fourth week and beyond.


There is also a rider. Multiplex owners had demanded a performance-linked fee structure and they have got their way. “In case a film grosses Rs 175 million or above at the top six multiplex chains in the first week, producers would get an additional 2.5 per cent of revenue share for the first two weeks,” says Reliance Entertainment chairman Amit Khanna, who had been spearheading the truce march on behalf of the multiplexes.


If the film grosses less than Rs 90 million, multiplex owners will get an increase of 2.5 per cent share in revenues.


With regards to distribution, another hot area of dispute, multiplexes have agreed that the release plan in theatres would be decided by the distributors for films that are released above 500 screens. In case of below 500 screens, distributors will supply prints to the extent of 5 per cent to the national chain of multiplexes. The print and freight costs will, however, be absorbed by the multiplexes.


Now that the strike has been called off, the first film that will release in all multiplexes will be Vashu Bhagnani’s Kal Kisne Dekha.

Indiantelevision.com has estimated the multiplex losses to be Rs 2 billion because of the Bollywood strike.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/24/burnt%20%281%29.jpg?itok=060rAWNJ
Cooper's 'Burnt' on Romedy NOW! on Sunday

Ever felt like kitchen is the only place you’ve ever belonged to? If yes, then Romedy NOW is set to treat everyone from excellent chefs to foodies and movie lovers, with the Indian TV premiere of comedy-drama movie Burnt. The movie will be aired on Sunday, 26 February, at 1:00pm and 9:00pm.

Movies Hollywood
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/02/24/rangoon%20%281%29.jpg?itok=7XP4XlhH
Rangoon... What a debacle!

Every filmmaker wants his own ‘all time classic’ and it is best not to confuse such a filmmaker with a realistic, practical maker with business sense. This lot is usually pretentious and indulgent kind. He wants his own Gone With The Wind, a Doctor Zhivago, Mary Poppins, Sholay, Hum Aapke Hain Koun...

Movies Hindi
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

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories