News Karnataka
Saturday, June 25 2022
Bengaluru

Karnataka Film Chamber scraps theatre rent system after producers’ complaints - 1 min read

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.

See also  Campaign to end in 14 Lok Sabha constituencies of K'taka today
Bhavana S

Read More Articles
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Leave a Reply

Your email address will not be published.

Subscribe to our Podcast across platforms
AnchorAmazon MusicSpotifyGoogle PodcastsRadio PublicRSS

Visit 7Jackpots and find the best online casinos in India! Play the most popular casino games for real money!

Find the best odds at 10Cric and ipl betting 2021! Signup today and get up to a 100% deposit bonus.

Subscribe Newsletter

Get latest news karnataka updates on your email.

To get the latest news on WhatsApp