Bengaluru: After receiving several complaints from film producers that the theatre rent system was causing them a huge loss, the Karnataka Film Chamber scrapped the current system. Instead, film producers will now get a 60 percent share in the revenue of a film.
This new system comes into effect from April 2.
Under the new system, a film producer need not pay rent. But, the owner of a movie theatre pays him 60 percent of the money collected from the box office.
Film Producers Association President DK Ramakrishna confirmed the details of the new revenue sharing system.
The film chamber has also decided to request popular stars to act in at least three movies in a year, so as to make the movie theatres more profitable.
