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 Desai’s 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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