ENTERTAINMENT
The Bollywood strike may have ended but trouble continues for filmmakers who fear losses with the back to back release of some mega budget movies.
The Bollywood strike may have ended but trouble continues for filmmakers who fear losses with the back to back release of some mega budget movies, which may divide the audiences.
More than 50 films with an estimated budget of over 1200 crore are lined up for release, after the two-month long strike between producers-distributors and multiplex owners ended on June 5. "After the end of the strike between multiplex owners
and Bollywood producers, filmmakers are keen to sort out release dates of their movies as they don't want them hit theatres at the same time," said producer Vasu Bhagnani, whose film Kal Kissne Dekha will release on June 12. It is the debut film of his son, Jackky Bhagnani.
Yashraj films New York is also ready to hit the theatres on June 26 but director Kabir Khan says, "The biggest problem for the filmmakers is to find proper dates. My film is
ready to release for the past two months but the strike is definitely going to affect business," Khan added.
The films that are lined up for release include Sajid Nadiadwala's 'Kambakkht Ishq', Vasu Bhagnani's Kal Kissne Dekha, Imtiaz Ali directed Love Aajkal, Yashraj Films' New York, Ramgopal Verma's horror flick Agyat, Sujoy Ghosh's Aladin, Blue, Mr and Mrs Khanna and Luck.
With so many mega budget films ready to release it is a daunting task for filmmakers to find a date which will not clash with other movies. UTV is set to release Ramgopal Verma's horror flick on July 24. The filmmaker also has 'Raktcharitra' lined up for
release though no date has been fixed.
When asked about the clash of dates, Ram Gopal Verma said that the filmmakers will have to bear some losses now that the strike is over. The Bollywood producers-distributors went on a strike on April 4. The last film to release was Akshay Kumar's
'Tasveer'.
UTV is also planning to announce the release dates of Kaminaay and Aage Se Right soon. Filmmaker Subhash Ghai said that his new film Paying Guest will release on June 19. Love Aaj Kal director Imtiaz Ali said, "I am very happy that the strike has ended because after working hard and investing your money you do not want to sit back with a film.
However, with so many big budget films releasing together, the industry is likely to face losses." Under the new agreement between producers-distributors and multiplex owners, producers will get 50 per cent of the revenue from ticket sales in week one, 42.5 per cent in week two, 37.5 per cent in week three and 30 per cent from fourth
week onwards.
In addition to this, there will be a bonus on all those films which do exceptionally well at the box office. In case a movie collects more than 17.5 crore at the top six multiplex chains (excluding single screens and independent multiplexes), then the terms will be 52.5 per cent in the first week, 45 in the second, 37.5 in the third and 30 from
the fourth week onwards.
Raima Sen mourns Bharat Dev Varma's demise, pens emotional note for 'great father, great husband'
DNA TV Show: Ahead of Maharashtra poll results, MVA, Mahayuti engage in resort politics
Maharashtra: Stage set for assembly poll results; Mahayuti, MVA confident of their victories
All set for vote counting in Jharkhand tomorrow; NDA, JMM-led alliances confident of winning
Watch: Australia star inquires Rishabh Pant about his next IPL team, gets 2-word reply
Shah Rukh Khan’s house Mannat was first offered to his industry rival…, but he refused because...
The Visionary Who Promises a Blue Sky for India: Holger Thorsten Schubart’s G20 Climate Speech
The Surge of High-End Living: Luxury Residential Market to Outpace Other Segments
FeFCon 2024 to be Held in Bangalore: A Premier Event on Fever Management
'That’s wild': Noida man turns cigarette butts into teddy bears in viral video, watch
London Airport evacuates passengers over security threat, thousands stranded
The World’s First Innovative Iron Supplement to Combat Iron Deficiency and Anaemia
Meet grandmother who became fashion icon after trying on her granddaughter’s clothes
IND vs AUS: Rishabh Pant joins Virat Kohli, Rohit Sharma in elite WTC list, becomes 3rd Indian to...
'All scripted drama...': Puneet Superstar allegedly assaulted by influencers in viral video, watch
Actress Ana de Armas caught kissing Cuban President Miguel Díaz-Canel’s son in viral photos
Oreshnik's Shadow: Will Russia's hypersonic missile force west to back down?
‘You’re So Beautiful’: World’s tallest woman meets world’s shortest woman over tea, pics go viral
Delhi-NCR Air Pollution: Consequences of GRAP-4 are drastic, may have adverse effects, says SC
Delhi-NCR Air Pollution: Schools likely to stay closed till..., check city-wise update
Maharashtra: 3 killed, 9 hospitalised after gas leak at fertiliser plant in Sangli
THIS farm is selling a cup of coffee for Rs 28000, but there's a twist, it is...
Chhattisgarh: 10 Maoists killed after encounter with security personnel in Sukma
Mukesh Ambani's SUPERHIT plan for Jio users, offers unlimited 5G access for 1 year for just Rs...
IND vs AUS 1st Test: KL Rahul's dismissal sparks DRS controversy in Perth Test
Dense fog, heavy rain predicted in these states till November 25; check here
Oreshnik Hypersonic Missile: Which nations are within its range?
Bihar teacher, principal reach school in drunken state; know what happened next
'I have faced a lot of...': Arjun Kapoor REVEALS his biggest fear amid break up with Malaika Arora
How millions of Indians may get affected due to US indictment of Gautam Adani in bribery case
Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan says 'missing someone is okay but...'
After Bibles, watches and sneakers, Donald Trump is now selling autographed guitars, price is...
Delhi pollution: Air quality improves to ‘very poor’ category, AQI at...
Vladimir Putin's BIG threat, warns he could strike UK with new ballistic missile if...
Shillong Teer Results TODAY November 22, 2024 Live Updates: Check winning numbers here
Somebody misbehaved with Alia Bhatt on Highway sets then Imtiaz Ali had to...
Zomato CEO Deepinder Goyal reveals twist behind Rs 200000 job fee, closes application window
Days after Ratan Tata's demise, Tata Group's Rs 131000 crore company inks pact with ADB for...