A Resolution To The Indefinite Strike?

Update: 2018-03-01 16:42 GMT
South Film JAC of producers that includes Andhra Pradesh, Telangana, Karnataka, Tamil Nadu and Kerala, film producers and exhibitors have declared an indefinite strike on 1st March from 2nd March.

According to it, the producers and exhibitors have decided to not screen movies from 2nd of March till the discussions come to an amicable solution with Digital Service Providers, DSPs, like UFO, Qube, PXD and several others.

Their major demand is to reduce the rents, VPF, Virtual Print Fee, on loading the content into the projectors installed at different theatres.

The producers want the fee to reduced by 25% and are also asking for slots in advertising timings for feature film ads that will release in the following weeks.

Suresh Babu, announced that they will call of the strike, if the UFO and Qube, agree to their demands as they are the major players. Right now, Allu Aravind, who is a stake holder in DSPs, decided to solve the matter amicably and let the strike be called off immediately.

So, as we speak, all the producers and exhibitors who are part of JAC are at Geeta Arts in the meeting and Suresh Babu, is expected to join them soon. The discussions are going on and the meeting is expected to yield an amicable solution as soon as possible.

The insiders are suggesting, as Aravind is a bigwig and also, has stakes in DSPs, Exhibition, distribution and production, his words will be heard by all and an amicable solution could be expected to reach by late night.
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