South Indian Film Industries have been opposing the monopoly of Digital Service Providers (DSPs) such as Qube and UFO. Even the third round of talks between South Film Bodies and Digital Service Providers on February 23rd have failed. Subsequently, South Indian Film Industries announced its gonna go on strike from March 1st, 2018. Which means there willn't be any new releases across South India until the issue gets settled.
Film Industries complain Visual Projection Fee quoted by DSPs is quite high and they have been eating into their profits.
Qube Cinema co-founder Jayendra Panchapakesan: 'We placed multiple offers before the Producers during the meeting in Bengaluru Today. All of them have been turned down though we offered to reduce the price from Rs 22,500 to Rs 14,000'.
The strike may affect many films which are scheduled to release in March and those movies running successfully till then. It's up to the Joint Action Committee to decide when it's gonna be called off.