You will be redirected back to your article in seconds

Yashraj gets bigger exhib cut

Deal signed between plexes

Multiplexes were the first to blink. Yashraj Films has signed a deal with four major plexes in Mumbai and Delhi agreeing to a higher cut of revs from today’s release of “Fanaa.”

While full terms were not disclosed, Mukta Arts’ Adlabs, PVR, Cinemax and Shringar Cinemas came to a compromise deal giving Yashraj 7% more of the revs, rather than the 10% it had sought.

Tushar Dhingra, chief operating officer of Adlabs Films, said, “We have decided to screen ‘Fanaa’ on mutually agreeable terms. Yashraj Films and Adlabs have shared a long-term relationship in the entertainment business, and ‘Fanaa’ is a highly anticipated movie.”

Other producers are waiting in the wings to try to ratchet up their deals, although exhibs said Thursday they wouldn’t extend the deal. They also said the compromise is for “Fanaa” only, and Yashraj will have to renegotiate for other films.

Pic will go out on 650 prints today, with a day-and-date release skedded for the U.S. and U.K.

More Biz

  • THE TONIGHT SHOW STARRING JIMMY FALLON

    Childish Gambino Signs With RCA, New Music on the Way

    Multiplexes were the first to blink. Yashraj Films has signed a deal with four major plexes in Mumbai and Delhi agreeing to a higher cut of revs from today’s release of “Fanaa.” While full terms were not disclosed, Mukta Arts’ Adlabs, PVR, Cinemax and Shringar Cinemas came to a compromise deal giving Yashraj 7% more […]

  • --FILE--Wang Jianlin, Chairman of Dalian Wanda

    Wanda Reports Nearly 11% Revenue Drop in 2017

    Multiplexes were the first to blink. Yashraj Films has signed a deal with four major plexes in Mumbai and Delhi agreeing to a higher cut of revs from today’s release of “Fanaa.” While full terms were not disclosed, Mukta Arts’ Adlabs, PVR, Cinemax and Shringar Cinemas came to a compromise deal giving Yashraj 7% more […]

  • Sag Awards Preview

    How to Watch SAG Awards 2018 Online

    Multiplexes were the first to blink. Yashraj Films has signed a deal with four major plexes in Mumbai and Delhi agreeing to a higher cut of revs from today’s release of “Fanaa.” While full terms were not disclosed, Mukta Arts’ Adlabs, PVR, Cinemax and Shringar Cinemas came to a compromise deal giving Yashraj 7% more […]

  • Women's March rallyWomen's March rally, New

    Celebrities Champion LA, NYC Women's Marches: 'March On, My Sisters!'

    Multiplexes were the first to blink. Yashraj Films has signed a deal with four major plexes in Mumbai and Delhi agreeing to a higher cut of revs from today’s release of “Fanaa.” While full terms were not disclosed, Mukta Arts’ Adlabs, PVR, Cinemax and Shringar Cinemas came to a compromise deal giving Yashraj 7% more […]

  • L.A. Women's March: Scarlett Johansson, Viola

    Viola Davis, Scarlett Johansson, Others Rally Thousands at Los Angeles Women's March

    Multiplexes were the first to blink. Yashraj Films has signed a deal with four major plexes in Mumbai and Delhi agreeing to a higher cut of revs from today’s release of “Fanaa.” While full terms were not disclosed, Mukta Arts’ Adlabs, PVR, Cinemax and Shringar Cinemas came to a compromise deal giving Yashraj 7% more […]

More From Our Brands

Access exclusive content