lalsub

The stand-off between Bollywood producers and multiplex owners over revenue sharing came to an end as the two parties reached a deal here early Friday, industry sources said.

After about four months of negotiations, the two parties reached a consensus over the rationalisation of revenue sharing for forthcoming films, the sources said.

“Strike Over. Movies to release next week…Awaiting more details,” said a text to IANS from production house UTV Motion pictures that also has a distribution arm.

Joginder Mahajan, a Delhi-based distributor confirmed the news with further details.

“The strike has finally come to an end late in the night and movies will start coming June 12

http://www.hindustantimes.com/StoryPage/StoryPage.aspx?sectionName=HomePage&id=6fbb94a4-04e8-469d-bcfa-78688f1d47a3&Headline=Film+producers+end+strike%2c+reach+deal+with+multiplexes