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No new Hindi films will be released in the country from today as film producers began their indefinite strike after talks to break the deadlock over revenue-sharing with multiplex owners failed.
While producers are demanding equal share in ticket sales from the multiplex owners, the latter want "performance-based" revenue-sharing.

"Producers and distributors have been compelled to go on strike with a heavy heart", filmmaker Mukesh Bhatt, who heads the United Producers Distributors Forum, told PTI.

Producers, distributors and exhibitors stand to lose about Rs 100 to 200 crore due this stand-off.

Bhatt said the losses could mount to over Rs 500 crore if a solution is not reached at the earliest.

Actor Hrithik Roshan has wrapped up his shooting for his home production Kites, which is being directed by Anurag Basu. The film has him playing a salsa instructor and his co-stars in the movie are Barbara Mori and Kangana Ranaut. The actor will now move on to Sanjay Leela Bhansali's next where he is paired with Aishwarya Rai Bachchan.

Kites is now in the post production stage and is scheduled to be released in August. Bhansali's film, which is as yet untitled, is expected to go on the floors by the middle of this month. It has not yet been confirmed, but reports say that the film is based on Christopher Nolan's The Prestige, which is about the life of a magician.

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