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MUMBAI: No films will be released in multiplexes
after the release of Delhi 6
as multiplex owners are demanding imbalanced
and unfair shares in the profit of a movie,
following a decision to this effect by the
Film Producers Guild of India which
represents the Indian entertainment industry.
Puja
Films Chairman and senior filmmaker Vashu
Bhagnani said: The movies will release
in multiplexes only after the settlement
with the multiplex owners. They keep demanding
an increased percentage of profit in films
despite the increase in production cost
and the global recession effect on entertainment
industry
He
told indiantelevision.com in a telephonic
interview that the entertainment industry
was expected to grow at just 7% as compared
to 12.3% last year, but multiplex owners
still demanded more. This is incorrect,
so we will first settle the profit sharing
and only then release any film in the multiplexes,
he said.
Reiterating
that this was a decision of filmmakers all
over the country and not merely of the Guild
which is headed by Mukesh Bhatt, he said
films for which advance publicity had been
done including Delhi 6 will
be released as slated.
He
said he had therefore decided to postpone
the release of his film Kal Kissne
Dekha introducing his son Jackky Bhagnani
with Manmohan Desais grand-daughter
Vaishali Desai along with Rishi Kapoor,
and directed by Vivek Sharma, which was
slated for release on 24 April.
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