The ongoing issue between the makers of Kalki 2898 AD and the US Distributor, Prathyangira Cinemas has become a Topic of Discussion in the industry. Already the Distributors' version is reported.
Here is the version from a source from producers' side when we approached them to explain the issue.
"It is agreed by both the parties that Kalki collected 1.2 Million Euros in Europe. There is no dispute about it. The problem is that there are severe discrepancies in the Share they are showing.
The distributor claims there is only a share of 380K Euros.
While it is a standard practice that the Share is calculated at 55% of the Gross, the distributor tried to take it by showing only 39-40% in the final statement.
Inflated Bills to the tune of One Lakh Euros are thrown in the name of expenses including Sales Tax, Censor Expenses, Publicity, etc and the distributor ate away another 100K Euros.
So, for a movie that collected 1.2 Million Euros, the Distributor is offering only around 200K Euros to Producer.
Anyone aware of the Trade in Europe will easily know this is daylight robbery and cheating of highest order.
And then this distributor plants fake stories saying that he is still waiting for payments from exhibitors in Europe to settle for the Producer. But the fact is that the distributor already sent a final settlement statement to the producer and there is nothing like waiting for the payments from the Exhibitors.
The Distributor is trying to pose as innocent by releasing a statement that he too believes the Share is less but blames the system. But the fact is this is just "the pot calling the kettle black."
Kalki makers now approached guild to resolve this issue and this may effect his chance to release Pushpa as he is also having another feud with a Canadian theatre chain.