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B'wood producers call 'cut' on multiplex releases

Apr 09, 2009 00:21 IST
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The standoff between Bollywood producers and multiplex owners continued on Tuesday. Bollywood producers insisting on a greater share of box-office revenues are refusing to release new movies in multiplexes, piling on woes in an industry that is already battling a slowdown. Producers in the world's most prolific movie industry are demanding a 50 per cent share in box-office revenues, with multiplex owners favouring a performance-linked model based on a film's budget and star power.

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