Movie News

Tollywood producers to bear the VPF Charges

2020-12-19 17:01:22 :

The movie business is totally shattered due to the coronavirus pandemic. The exhibition business is shut and the theatre house owners are discovering it powerful to reopen the theatres. With out the assist from the producers and the digital service suppliers, it’s fully unattainable to display movies, expressed the exhibitors. A number of conferences are performed and all the points are lately resolved. There could be no Digital Print Payment (VPF) expenses for the movies that will launch in December. That is certain a reduction for the exhibitors and the producers.

For all the movies releasing between January and March 2021, the producers will bear 40 p.c of the VPF expenses. The Producers Council is in talks to slash down the expenses of VPF in the coming months. As of now, all the points are solved and the theatres throughout Andhra Pradesh, Telangana will begin screening motion pictures from December twenty fifth. Sai Tej’s Solo Brathuke So Higher is hitting the screens subsequent weekend.

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