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No new releases at multiplexes after April

Updated on Mar 18, 2009 08:35 pm IST

This might be Bollywood's biggest crisis yet. With all attempts to reach an amicable solution to the profit sharing issue between producers and exhibitors having reached a deadlock, April onwards there will be no new releases at any of the multiplex chains across the country. The United Producers Forum on Monday demanded a flat 50-50-revenue share between producers and exhibitors for all films, be it a small budget or a big budget film - independent of the star cast.

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