Producers, plexes hold marathon meeting; decision pending

MUMBAI: Core members of the United Producers and Distributors Forum and the national multiplex chains held discussions to resolve issues pertaining to the revenue sharing terms for Hindi movies.
 
While there was no concrete outcome regarding the areas of discontent that were discussed in a marathon meeting, talks have taken off on a positive note after a hiatus of almost four weeks.

Speaking exclusively to Businessofcinema.com, Mukesh Bhatt said, “The meeting has not yet concluded but we are all are working on a very positive note and God willing we will work out a solution that is agreeable to both parties in a few days time.”

Present at the meeting were the core committee members of the United Producers and Distributors Forum helmed by Bhatt along with representatives of the national multiplex chains.

Due to the disagreement between the two parties, new Hindi movie releases at multiplexes have been stalled since 10 April, 2009. In the interim, while multiplexes have turned to screening regional language movies and alternate content like plays, producers have re-released their previous movies in single screens to overcome this drought period.

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