Producers & distributors meet to discuss further action

MUMBAI: Members of the United Producers and Distributors Forum headed by producer Mukesh Bhatt met on Saturday, 16 May at a suburban hotel in Mumbai to update all members and also to discuss the move forward in the ongoing tussle between them and the multiplexes.
 
As reported earlier by Businessofcinema.com at a meeting that was held on 14 May between the two parties, national multiplex chains came up with revised revenue sharing terms for Hindi movies, which would see a share of 50, 42.5 and 32.5 going to the producers for the first three weeks respectively.
 
Speaking to Businessofcinema.com, UPDF chairperson Mukesh Bhatt said that since the next meeting between the two parties is scheduled to take place on Monday, 18 May, the members decided to meet and bring the latest developments to their knowledge.
 
According to information avaialble, those present at the meeting were Yash Chopra, Aamir Khan, Shah Rukh Khan, Vidhu Vinod Chopra, Ramesh Sippy, Ravi Chopra, Sunil Lulla, Ronnie Screwala, Manmohan Shetty, Ramesh Taurani, Vipul Shah, Rakeysh Omprakash Mehra, Harry Baweja and Sajjid Nadiadwala.
 
Bhatt added, "I am overwhelmed by the support and the trust that the forum has shown on me. They have given me the complete mandate over the issue. Even the people who could not be present at this meeting like Subhash Ghai and Rakesh Roshan, who are attending Cannes and Boney Kapoor, who is in London have sent me e-mails saying that they fully support me and have promised to abide by whatever decision that is taken by me."

Manisha Pradhan Singh

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