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10th January 2015, 01:24 AM
#11
Senior Member
Seasoned Hubber

Originally Posted by
Saai
Nobody knows if the option 1 was given. So, we cant assume that.
as per the pressmeet, 8 crore non-refundable deposit should be paid for that region. For any revenue generated beyond 8 crores, only 10% goes to distributor as commision. But, if the generated revenue is below 8 crore, then the producer wont share the loss. So one-sided this is!
you state as you know the details of negotiation... Option 2 was the conclusion of deal but what other options were on the table was nobody knows....the movie was not sold to him at gun point... he thought as per his cash flow projection he will make profit in a week... which did not happen as per his claim.
In theory there is no difference between theory and practice; in practice there is
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10th January 2015 01:24 AM
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