Earlier this week, it was reported that TFPC decided to share the VPF rates with Theatre exhibitors, on a 50% - 50% basis, until 2019-20 if they agree. However, Mr.Panneerselvam, General Secretary of Tamil Nadu Theatres Association has stated that no theatre will bear the VPF charges.
In a recent audio statement from Panneerselvam (who is also the proprietor of Rohini Silver Screens theatre in Koyambedu), it was clearly stated that no theatre exhibitor will be ready to pay 50% of VPF rates to QUBE. "We are currently in a very complicated state. We shall cross this bad phase soon, and for that, we should be mentally strong. The meeting that we had with the Producers Council two days back, was a very big failure. We haven't agreed to their demands, about paying 50% share of the VPF rates. We should not back out from that decision, and every single theatre exhibitor will stand by that. We will not pay the VPF charges.", said Panneerselvam.
Well, what is going to be the solution now? Only time has to answer!