Why No Angels and Demons in multiplexes in national multiplexes

Why No Angels and Demons in multiplexes in national multiplexes
Saturday, May 30, 2009 10:42 IST
By Santa Banta News Network
Today all over India Hollywood film, Angels and Demons starring Tom Hanks has released. But the release has been mostly restricted to single screens and no big multiplexes. The reason being the same old revenue sharing terms issue!

It is learnt that a consensus between Sony Pictures and national multiplex owners had almost reached late last night but it fizzled out Sony Pictures reportedly wanted a clear commitment from multiplexes with the first and second week terms being 55 and 50.

Apparently, Sony Pictures was asking for revenue sharing terms of 55, 50, 45, 40 for the first four weeks. Multiplexes couldn't however agree on this as they felt the terms are too high from what they had been giving for English films prior to this.

For big Hollywood films like Harry Potter and Spiderman they had signed terms of 48:52, 38:62, 30:70 and the one for Angels and Demons was a big jump from that. One can recollect that at least 60 - 65 per cent of English films' box office collections come from multiplexes.

However it is learnt that, Sony is screening the movie at independent multiplex chains in Delhi and Pune like Wave Cinemas, Satyam Cinemas and E-Square.
Death Threats to Shah Rukh Khan: Lawyer Arrested in Chhattisgarh for Extortion Attempt!

In a shocking turn of events, a man identified as Mohammad Faizan Khan has been arrested for issuing death threats to Bollywood superstar Shah Rukh Khan. The accused, a lawyer by

Tuesday, November 12, 2024
Bigg Boss 18: Vivian Dsena and Chahat Panday's Coffee Banter Steals the Show; Frenemies Turn Friendly Over French Coffee!

In the latest promo of Bigg Boss 18, contestants Vivian Dsena and Chahat Panday, known for their heated arguments and on-screen rivalry, showcased a lighter side of their relationship

Tuesday, November 12, 2024
Varun Dhawan Praises Pooja Hegde's Stunning Look; Sparks Excitement for Upcoming Film!

Bollywood actor Varun Dhawan recently showered praise on actress Pooja Hegde, who made heads turn with her stylish and edgy outfit in her latest Instagram photoshoot. Pooja shared a

Tuesday, November 12, 2024
Half Love Half Arranged S2 Trailer Unveiled!

Get ready for an exciting and drama-filled journey as Amazon MX Player, Amazon's free video streaming service, and Dice Media's much-loved rom-com series Half Love Half

Tuesday, November 12, 2024
Model Sifat Sehgal opens up about her battle with Anorexia!

In a candid and courageous revelation, model and reality TV star Sifat Sehgal has opened up about her harrowing journey with anorexia and her recovery, offering an unfiltered

Tuesday, November 12, 2024
ADVERTISEMENT
ADVERTISEMENT