YRF, multiplexes settle for all films; Tashan screens 3 May

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MUMBAI: Exactly one week post the release of Yash Raj Films’ Tashan, the production house has finally resolved the revenue sharing terms issue with multiplexes.

The negotiations between the two parties had fallen apart last week. The point in discussion was revenue share terms between Yash Raj and multiplexes for screening movies from Yash Raj’s slate for the year 2008, which included Tashan, Thoda Pyaar Thoda Magic, Bachna Ae Haseeno and Roadside Romeo.

The movie, which released on 25 April, is expected to commence screening from tomorrow (3 May) at multiplexes across the country.

Multiplexes executives, on condition of anonymity, confirmed to Businessofcinema.com that the revenue sharing issue with Yash Raj Films had been resolved and that Tashan would start screening from 3 May.  

The terms finally agreed upon are 48:52 (YRF:Multiplexes), 38:62 and 30:70 for the first three weeks respectively, for Bombay city. For other cities the terms are 50:50, 40:60 and 30:70 for the first three weeks respectively.

These were also the terms given to all other big movies released in 2008 including Welcome and Taare Zameen Par, which released in December last year.

For Shah Rukh Khan starrer Rab Ne Bana Di Jodi, which is being directed by Aditya Chopra, Yash Raj was keen on getting higher terms than normal, and have managed to get them. The terms signed are the same as Shah Rukh’s last year’s release Om Shanti Om, which is 50:50, 42½:57½, 35:65 for the first three weeks respectively for Bombay city. For other cities the terms are 50:50, 45:55 and 35:65 for the first three weeks respectively.

An official statement from Yash Raj Films says, "An understanding has been reached between Yash Raj Films and the multiplexes for the entire YRF slate of films for the year 2008. This agreement commences with Vijay Krishna Acharya’s Tashan, which will be released in multiplexes nationwide starting Saturday, 3 May, 2008. This will be followed by Kunal Kohli’s Thoda Pyar Thoda Magic on 27 June, Siddharth Anand’s Bachna Ae Haseeno on 15 August, Jugal Hansraj’s Roadside Romeo on 24 October, and culminates with Aditya Chopra’s Rab Ne Bana Di Jodi on 12 December. The terms agreed upon are to the mutual satisfaction of all concerned parties."