(UPDATED: 07 November, 2007)
MUMBAI: Eros International and multiplex chains across India reached a middle ground early Tuesday evening (6 November) on revenue sharing terms for Om Shanti Om. However sources inform that as of Wednesday afternoon (7 November), Eros had still not settled with Gujarat multiplexes on the terms.
While the first week revenue share for both movies Om Shanti Om and Saawariya are the same (50:50), for the second week Om Shanti Om will get a share of 42� for Bombay and 45 for smaller centers as opposed to Saawariya‘s 40 (Bombay) and 42� (smaller centres).
However, sources say that the settlement with Gujarat multiplexes has come through as yet because Gujarat wants the same revenue sharing terms as that of Bombay.
An official statement given by Eros states, "Om Shanti Om to see 100 per cent release across multiplexes. The revenue sharing issue with multiplexes across multiplexes across the country has been amicably resolved at 50, 45 for the first and second week respectively. Advance bookings have begun. The above mentioned terms will remain same for all multiplexes across India. The terms for the third week are likely to be 35:65, subject to the performance of the movie."
As has already been reported by Businessofcinema.com, the advance bookings began yesterday (5 November) in some Delhi multiplexes.
While INOX is the only chain to have begun advance bookings for Om Shanti Om on Saturday (3 November), PVR and Cinemax officials informed that the advance bookings will open tomorrow at their properties.
Related story:
Om Shanti Om bookings open in Delhi
Sony Pictures signs with multiplexes for Saawariya
Sony, Eros negotiate for equal shows, terms
