Producers Council Meeting to Discuss Exhibitors Demands

The Telugu Film Industry is facing a major crisis as prominent producers like Dil Raju and Suresh Babu, along with 60 exhibitors, have decided to close all theaters in AP and Telangana from June 1. The decision comes as a result of a dispute over the percentage share system versus rent, with exhibitors demanding a change in the current system. The exhibitors claim that they cannot run theaters on a rental basis and will only operate on a percentage basis.

The exhibitors are facing financial difficulties due to low occupancies during weekdays, resulting in higher rental costs than collections. On the other hand, distributors are concerned that implementing a collection-sharing model will result in meager shares that won't cover their buying costs. With big films set to release in June, the Producers Council is trying to resolve the issue quickly.

The Producers Council has called an emergency meeting on May 21 to discuss the demands of the exhibitors and find an amicable solution. With only ten days left until June 1, the producers are trying hard to resolve this issue quickly. The meeting will decide whether the producers will agree to the demands of the exhibitors or make new proposals to find a mutually acceptable solution.

The outcome of the meeting will determine the fate of the Telugu Film Industry, and it remains to be seen whether the producers and exhibitors can come to an agreement. The industry is eagerly waiting for the meeting's outcome, which will have a significant impact on the future of Telugu cinema.