Recently, the theatre management of Telugu States has decided to shut down the theatres starting from June 1st. They opined that the current system of a rental basis doesn’t work and demanded that the Producers allow for a percentage basis system. Regarding this, they met the Distributors and a few Producers from Tollywood today.
Now it has been learnt that there will be no theatre shutdown in Telugu States as per the plan of the theatre management. Instead, the discussion and talks will go on with the operation of the theatres. An agreement has also been made, as per sources, during this meeting. It is reported that nearly 40 Distributors have attended the meeting.
The recent bad phase of films in the theatres has also prompted the Exhibitors to come hard at the Producers. We have to see if the Producers would agree for this demand. Meanwhile there are many big films lined up in the month of June. Now, the makers of these films breathe a sigh of relief.
