Exclusive | Film producer body, management agencies hold ‘preliminary meeting’ to tackle Bollywood stars’ rising entourage cost

Indianexpress.com has now exclusively learnt that a “preliminary meeting” was held recently with major producer bodies like The Producers Guild of India and Indian Motion Picture Producers (IMPPA) in attendance

“There was a preliminary meeting that was held, where basic problems were highlighted. The Producers Guild of India, Indian Motion Picture Producers (IMPPA), Telugu and Tamil active producers association was there. The big meeting might happen in the next two weeks. The stakeholders will work out possible solutions for it,” said a source close to the development.

 

View this post on Instagram

 

A post shared by Indian Express Entertainment (@ieentertainment)

Another source shared with Indianexpress.com that several talent management agencies, currently under fire for enabling rising entourage costs, assured the producers present in the meeting that they would restructure to come up with “possible solutions” and come back with a plan.

As the next meeting is expected to take place in June, key stakeholders have already begun talks internally to arrive at a “sustainable” solution as the Hindi film industry finds itself dealing with a huge crisis of funds, with fingers pointed towards star fees and overhead costs.

Filmmaker Farah Khan and actors like Kriti Sanon and Janhvi Kapoor are among those who have also spoken about issue.