Friday, April 03, 2009

Bollywood producers set to strike

BBC reports:
Bollywood film producers are to go on strike after failing to settle differences with multi-screen cinemas over revenue sharing.

The protest means no new films will be released in popular multiplex cinemas.

Producers are demanding a 50% share in the revenues generated by the cinemas. Owners say the share should be lower if a film performs poorly.

India's film industry, the world's largest, has already been badly affected by the global economic crisis.