Tashan, Yash Chopra?s latest flick released today faces a complete blackout from India's multiplex companies.
This could result in a loss of Rs 15-20 crore for Yash Raj Films, Chopra?s production house, this weekend. It had spent Rs 35-40 crore to make the film.
Leading multiplex chains including PVR Cinemas, Adlabs, Shringar Cinemas, Inox Leisure and Cinemax have rejected Chopra's demand for 50 per cent (45 per cent in Mumbai and Delhi) of ticket sales in the first and second weeks of release as his share.
For other films, production houses charge 48 per cent for the first week and 45 per cent for the second week as their share.
As a result, the multiplexes have decided to black out the movie from their screens.
Industry estimates suggest that these five multiplexes constitute around 65-70 per cent of the cinema chains in India.
What has complicated matters further is that Chopra has set different revenue share terms for different territories.
Sanjeev Kohli, director & CEO of Yash Raj Films, said: ?We have not asked the multiplexes for any incremental terms from those concluded last year.
The terms being discussed are the same as those agreed upon for our last year?s films.? He added that as in the past, the production house will compensate the multiplexes if the film does not perform to expectation.
With five films set for a release this year, Yash Raj Films was looking at signing a bulk deal with the multiplexes.
These films are Tashan, animation flick Roadside Romeo, Bachna Ae Haseeno with Ranbir Kapoor and Deepika Padukone, Thoda Pyaar Thoda Magic with Saif Ali Khan and Rani Mukherjee and Shah Rukh Khan's Rab Ne Bana Di Jodi. However, the Shah Rukh Khan-starrer wasn't a part of the package.
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Showing posts with label Multiplex. Show all posts
Showing posts with label Multiplex. Show all posts
Multiplexes set to miss Madhuri
A STAFF REPORTER (Telegraph)
Last summer, Kajol’s comeback film did not make it to the multiplexes. This winter, Madhuri Dixit’s comeback film could also give multiplexes the miss.
Aaja Nachle looks set to follow in the footsteps of Fanaa with the slugfest between the Yash Raj film distribution channel and INOX turning ugly over the release of Chak De India. With no solution in sight — probably till the end of the year — the Shah Rukh Khan-starrer releases at one out of four city plexes — Fame (Hiland Park) — on Friday.
“The demands put forth by the multiplex owners were unacceptable. They don’t seem keen to release a movie which has patriotism and national integration, denying many the chance of watching it. I don’t think we will deal with them for the rest of the year,” said Pritam Jalan of Jalan Distributors, east India distributor of Chak De India.
Jalan distributes all Yash Raj films in the region and so the doors of INOX (Forum and City Centre) and 89 Cinemas could slam shut on the Puja release Laaga Chunari Mein Daag — with a strong Bong connection (director: Pradeep Sarkar; leading ladies: Rani Mukerji, Konkona Sensharma and Jaya Bachchan) — and winter biggie Aaja Nachle.
The exhibitors, too, have hardened their stand. “If we agree to the terms set by the Calcutta distributor of Chak De India, we will have to increase ticket prices drastically. We do not want to burden our patrons,” said Saurabh Varma, vice-president, programming and distribution, INOX.
The Jalan versus INOX tug-of-war over films from the Yash Raj stable started with the Aamir-Kajol starrer Fanaa in May 2006 and continued through Ta Ra Rum Pum and Jhoom Barabar Jhoom, before claiming Chak De.
The biggest loser, of course, is the city cinegoer. “Delhi and Mumbai have so many multiplexes, whereas Calcutta has just four. And if three of those don’t screen such high-profile films, then we have every right to feel cheated. We were planning to watch Chak De at INOX (Forum) this weekend, but now we will have to give the film a miss,” grumbled Pinky Agarwal, a resident of Lord Sinha Road and a big fan of Shah Rukh Khan.
Last summer, Kajol’s comeback film did not make it to the multiplexes. This winter, Madhuri Dixit’s comeback film could also give multiplexes the miss.
Aaja Nachle looks set to follow in the footsteps of Fanaa with the slugfest between the Yash Raj film distribution channel and INOX turning ugly over the release of Chak De India. With no solution in sight — probably till the end of the year — the Shah Rukh Khan-starrer releases at one out of four city plexes — Fame (Hiland Park) — on Friday.
“The demands put forth by the multiplex owners were unacceptable. They don’t seem keen to release a movie which has patriotism and national integration, denying many the chance of watching it. I don’t think we will deal with them for the rest of the year,” said Pritam Jalan of Jalan Distributors, east India distributor of Chak De India.
Jalan distributes all Yash Raj films in the region and so the doors of INOX (Forum and City Centre) and 89 Cinemas could slam shut on the Puja release Laaga Chunari Mein Daag — with a strong Bong connection (director: Pradeep Sarkar; leading ladies: Rani Mukerji, Konkona Sensharma and Jaya Bachchan) — and winter biggie Aaja Nachle.
The exhibitors, too, have hardened their stand. “If we agree to the terms set by the Calcutta distributor of Chak De India, we will have to increase ticket prices drastically. We do not want to burden our patrons,” said Saurabh Varma, vice-president, programming and distribution, INOX.
The Jalan versus INOX tug-of-war over films from the Yash Raj stable started with the Aamir-Kajol starrer Fanaa in May 2006 and continued through Ta Ra Rum Pum and Jhoom Barabar Jhoom, before claiming Chak De.
The biggest loser, of course, is the city cinegoer. “Delhi and Mumbai have so many multiplexes, whereas Calcutta has just four. And if three of those don’t screen such high-profile films, then we have every right to feel cheated. We were planning to watch Chak De at INOX (Forum) this weekend, but now we will have to give the film a miss,” grumbled Pinky Agarwal, a resident of Lord Sinha Road and a big fan of Shah Rukh Khan.
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