[icernet] Bollywood releases canned in satellite rights spat
Arul Selvan
arulselvan at vasnet.co.in
Thu Apr 3 20:50:54 EST 2003
Four leading film producers associations Indian Motion Pictures
Producers Association (IMPPA), Western India Federation Producers
Association (WIFPA), Association of Motion Pictures & Television
Programme Producers (AMPTPP) and Producers Guild - have decided to stop
release of all new films from Friday. The move can deal a bodyblow to
the Hindi film industry, which is already reeling under losses of around
Rs 55 crore in the first three months of the calendar year owing to
World Cup cricket.
The four bodies have come under a common umbrella to launch a
total
non-cooperation
campaign against distributors. This is a fallout of the
standoff over satellite and cable rights of new movies. The distributors
insist that no film should be shown on satellite channels till it is a
year old, while the producers want the films to be beamed within three
months of their big-screen release.
Source:
http://www.business-standard.com/today/story.asp?Menu=2&story=11448
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