Strike Update: Focus shifts to Thursday!

This one deserves to be included in Ripley’s ‘Believe it or not’… From Monday to Tuesday to Wednesday to now Thursday [today,the crucial meeting between the two warring factions [producers/distributors versus multiplexes is getting stretched like a rubber band. The meeting was supposed to take place on Monday; it got shifted to Tuesday. Then Wednesday. Now Thursday evening is what everyone’s looking at.

According to trustworthy sources,the two sides have agreed on certain terms and are supposed to meet to put an official seal to the entire issue. Reportedly,the revenue sharing terms have been agreed upon and also the distribution strategy,but till the two sides sign on the dotted line,it can’t be considered official.

With rumours flying thick and fast,with various versions of stalemate doing the rounds of the industry,an official statement from the leaders [at least to trade magazines would put the rumours to rest.