Green signal for Tollywood revenue-sharing system

In a significant breakthrough for the Telugu film industry, producers, exhibitors and distributors on Friday reached a consensus on the long-debated percentage-sharing system during a meeting at the Film Chamber office in Film Nagar. The discussions, attended by prominent industry figures including D Suresh Babu, Allu Aravind, Swapna Dutt, Suniel Narang, Suryadevara Naga Vamsi and Yalamanchili Ravi Shankar, also led to the formation of a 15-member committee to address implementation-related concerns. Producers have agreed in principle on moving to a percentage-sharing model. This is a very positive development for everyone. Peddi will release in a big way as scheduled – Dil Raju, Chairman of TFDC Producers, exhibitors, and distributors have agreed to form a committee to discuss the percentage-sharing system. Everyone’s in agreement and we’re moving ahead amicably– D Suresh Babu, President of TFCC The committee, comprising five members each from the exhibitors’, distributors’ and producers’ bodies, will resolve all issues within two months– C Kalyan, producer There was no serious fight between anyone, only a heated argument. After discussions, the issue was resolved. We are like a family at the end of the day– Natti Kumar, producer— Inputs Sanjana Pulugurtha