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07/01/2011
Multiplex Syndicate Demands Higher Revenue Share for HP7
The Big 6 Multiplex Chain Syndicate is demanding a hike in the Revenue Share from the Nett Gross regarding Harry Potter7 which releases Tomorrow. The controversy still remains with just a few hours to go Before The Paid Premieres of the film in Major Metros.
Generally Multiplexes get 50% of Nett Gross for the 1st Week and 57.5% for the 2nd week, 62.5% for the 3rd week and 70% from the 4th week onwards. But Now, The Multiplexes are demanding a hike in 1st Week & 2nd Week Revenue shares to 55% & 60% respectively. Warner Brothers India Which Distributes Harry Potter 7 refused to give into their Demands and the Discussions are going on.
PVR, Big, Inox, Cinemax, Fame & Fun Cinemas form the Big 6 Multiplex Syndicate. But most importantly, ZNMD will release with the Normal Terms!.
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