Multiplex chains to distribute movies now

Multiplex chains to distribute movies now
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First Published: Fri, May 08 2009. 09 39 PM IST
Updated: Fri, May 08 2009. 09 39 PM IST
Mumbai: Even as the deadlock between multiplex owners and film producers continues over a disagreement on how to share box office revenues, multiplex operators have decided to get into the distribution business. “We are setting up a corpus of funds to buy movies. We’ve analysed 20-25 ready movies which are not of the four-five studios that are part of the united forum. These are ready for release and we talking to their producers,” said Shravan Shroff, managing director, Fame India Ltd, which runs a chain of multiple-screen cinema halls.
The latest move by multiplex owners could see film releases by smaller producers being shown in the multiplexes.
cnbctv18@livemint.com
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First Published: Fri, May 08 2009. 09 39 PM IST