Mumbai: The revenue sharing terms of Dev D, which were a bone of contention between UTV Motion Pictures and the national multiplex chains until this morning, has finally been resolved.
The movie’s terms have been settled at 45:55 and 35:65 share between distributors and exhibitors respectively for the first and second week all over India as opposed to 42.5: 57.5 and 32.5:67.5 as proposed by multiplexes.
However, the terms for Delhi 6, which is also being distributed by UTV, are still pending and have not been signed. Likewise, the terms for Billu Barber, which is being distributed by Eros are also not settled as yet. Billu Barber is due for release on 13 February and Delhi 6 on 20 February.
Most likely, a decision will only be arrived at after the meeting with the Guild on Saturday, 7 February.
The distributors of Delhi 6 and Eros are proposing a share of 50:50 and 40:60 between distributors and exhibitors respectively for the first and second week all over India. However, until now the multiplexes have offered lower shares than that to distributors.
Multiplexes have proposed revenue sharing terms of 48:52 and 38:62 for Delhi 6 and for 45:55 and 35:65 for Billu Barber.
The outcome of these musical chairs remains to be seen!
Producers’ Guild to meet exhibitors over revenue shares