Multiplex owners still flex their muscles, Talks inconclusive

Yesterday, as the Multiplex owners came to the discussion table, it looked like an end to the moth old stand off. They walked in with a revenue sharing proposal of 50:40:30 in the first, second and third weeks respectively and the process did not go well with the Producers and Distributors union called United Forum.

Multiplex owners wink first, talks in progress to end strike

The game of who winks first looks to be finally over. As the producers and distributors gear themselves up for release of their movies in single theaters and the IPL season half way through, the multiplex owners probably felt that they are fighting a losing battle.

Home Videos are making the most of Multiplex’s losses

Multiplex owners and producers are having a kind of stand off that the new movies are not being released now and there is no news of things getting settled between them except a few on mounting losses on the part of Multiplex owners which was stated to be around Rs 1.5L per day.

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