The film exhibitors could not effect their decision to close the theaters on 11th but took another course on that day to defend their rights. The impasse in the film industry is continuing. Following the decision of exhibitors not to give new films for release, theater owners had earlier decided to close the halls indefinitely. But they had to take note of the opinion by the minister concerned and withdraw the proposed strike. However, they have decided not to fund those films that are under production, which will surely pressurize the distributors association, to alter their strategy. The portion of money thus advanced by cinema halls is a considerable one. By this decision they have stopped advancing money for the films that are slated to release during Vishu festival.
Currently the theater owners have advanced a sum of rupees 25 to 30 crores for various production companies. Films that are finished are waiting for the release. But the distributors are stalling to screening the pictures. They are unyielding to any sensible arguments from the opposite camp. They are sticking on to their earlier demand to raise their share of revenue from the shows.
Theater owners demand the return of advance money already given to the films completed or to release the films immediately. The move not to advance any money for the forthcoming productions would put the distributors in a fix.
The theaters are currently running old pictures. The only new film that is released during the arguments is a Tamil movie POPCORN with Mohanlal and Simran in the lead.