The two-month-long standoff between producers and multiplexes on revenue-sharing was resolved today with both parties reaching a consensus on the issue. Producers and distributors under the banner of United Producers and Distributors Forum (UPDF) had stalled new releases since April 4 over the issue. Convenor of the UPDF and filmmaker Mukesh Bhatt said the deliberations to end the standoff ended at 3 am this morning.<br />The top national multiplex chains in India are PVR, Big, Inox, Fame, Cinemax and Fun. <br />The meeting between the two parties was held at the Yash Raj Studios and the deal was first inked by Big cinemas represented by its chairman Amit Khanna. <br />Sources also inform that all other multiplex chains were against signing the pact initially but followed suit later. <br />The movies to be released next Friday are Big pictures-Vashu Bhagnani co-produced "Kal Kissne Dekha" and Mithun Chakraborty starrer "Zor Laga Ke Haiya".

Producers-multiplex stand-off finally ends

Producers-multiplex stand-off finally ends

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Home / News / India News / Article / Producers-multiplex stand-off finally ends

Producers-multiplex stand-off finally ends

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