South Indian film industry strike: No new releases from March 1

Out of 2.2 crore vpf we paid for 4 films in 2017, Someone ate around 1.5cr of ours. While theatre operators and DSPs earn from advertising, this revenue doesn’t reach the producers. 2018-02-28T14:04:06+00:00″>
Published: February 28, 2018 2:04 pm

No new south Indian films will release from March 1. For all the latest Entertainment News, download Indian Express App
Get assembly election result LIVE updates from each constituency in Tripura, Nagaland and Meghalaya
© IE Online Media Services Pvt Ltd SR Prabhu, Treasurer of TFPC, who has produced films such as Aruvi, Theeran Adhigaram Ondru presented another side to the story. For a regional film, the costs come up to Rs 22,500 per screen for the producer. “For a 2 crore budget film, Aruvi we have paid 50 lakh as vpf. Top News
Happy Holi 2018: Photos, Images, Wishes, Quotes, Messages, Greetings, SMS, Whatsapp And Facebook StatusIndia bids tearful adieu to Sridevi: HighlightsRajinikanth's Kaala teaser: Thalaivar sets the screen on fireAfter several rounds of talks between the digital service providers (DSPs) and the members of various south Indian film industries, the latter have announced that the strike will happen from March 1 as earlier announced. “Our VPF rates are the lowest in the world and the most flexible. However, Senthil Kumar, co-founder of Qube insists that their charges are among the lowest in the world. The four film industries have claimed that the Virtual Print Fee charged by Digital Service Providers such as Qube or UFO is too exorbitant. Apart from the flat rate of ₹22,000, we have multiple options as low as Rs 325/show. These are all considerable costs in the rest of the world,” he said to The Hindu. Producers, on the other hand, say that Hollywood films only get a charge of Rs 10,000 for their lifetime while regional content has to pay higher rates. We could have made one more film with that saving,” he tweeted. This charge includes a fee for hiring and delivering the content through digital distribution channel in theatres. It could have been only 15 lakhs. What’s more, we offer digital cinema mastering services, content delivery, digital rights management and long-term archival… all for free. In a statement, the Tamil Film Producer Council announced this and also stated that it will continue until further notice from the councils.