SCOOP: Ramayana advance booking may get DELAYED | Indian Movie News
The advance booking of Ramayana, starring Ranbir Kapoor, Yash and Sai Pallavi, was scheduled to open today, October 20, on the auspicious event of Dussehra. However, as of 9:30 am, barely any cinemas across the nation had opened bookings for the much-awaited movie. Bollywood Hungama has discovered that a disagreement between distributors and exhibitors over revenue-sharing phrases is said to be one of the explanations behind the delay.
A commerce source told Bollywood Hungama, “Usually, for big films, the distributor’s share is 52.5% in Week 1, 45% in Week 2 and 37.5% in Week 3. But the distributors of Ramayana are reportedly demanding a 60% revenue share in the first week, 50% in the second week and 40% in the third week. This is significantly higher than the usual sharing terms followed for big-budget films. As a result, exhibitors, who are understandably concerned, are reluctant to agree to these terms and negotiations are currently underway.”
The source continued, “Unless both parties arrive at a mutually acceptable agreement, the advance booking could get delayed. Everyone is keen to release Ramayana on a grand scale, but there has to be mutual consensus when it comes to commercial terms.”
It stays to be seen whether or not the 2 sides can resolve their variations soon and guarantee that advance bookings start across the nation. As of 9:30 am, INOX Korum Mall in Thane is the only cinema in the Mumbai Metropolitan Region to have opened bookings for Ramayana. Another distinguished multiplex where advance bookings have commenced is AMB Cinemas Kapali in Bengaluru.
Ramayana is scheduled to release worldwide on November 5.
Also Read: Ramayana advance bookings to open on Dussehra forward of November 5 theatrical release
SCOOP: Ramayana advance booking may get DELAYED | Watch Online Free
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