Producers-multiplexes strike cost Bollywood Rs 3 bn
The two-month-long standoff between the producers-distributors and multiplex owners over revenue sharing, which was resolved Friday, has led to a whopping Rs 300 crore (Rs 3 billion) loss to the industry. "The strike has cost the Indian film industry over Rs.3 billion," Mukesh Bhatt, United Producers and Distributors Forum (UPDF) chairman, said over phone from Mumbai Friday.
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