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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.