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CHENNAI: The TFPC on Sunday resolved that from now on, big-budget films will be produced on a revenue-sharing model, with actors and key technicians sharing both profits and losses with the producers.
This decision was taken during the general meeting of the association held in Chennai.
According to a press release issued by the Tamil Film Producers Council after the meeting, the move is aimed at addressing the severe financial pressures arising from declining revenues from theatrical releases as well as over-the-top and satellite businesses.
As part of a broader restructuring effort to protect theatrical revenues, the association has also mandated staggered OTT release windows.
The release said that films starring lead actors can be released on OTT platforms only after eight weeks, films starring mid-level actors can be released after six weeks and small budget films can be released after four weeks.
To ensure better access for smaller projects, the TFPC decided to form a Film Release Regulation Committee, which would include representatives from the Theater Owners Association and the Distributors Association.
“This committee has been tasked with ensuring that the 250 small and medium investment films released annually get fair access to theatres,” the release said.
In another resolution, the TFPC urged actors, directors and key technicians to give priority to films over web series, saying excessive promotion of digital projects reduces public interest in cinema and weakens the industry ecosystem.
The association said that the unions concerned should stop work cooperation from those violating the resolution, and theater owners should be advised against screening their films.
Along with the TFPC, the South Indian Artistes Association and the Theater Owners Association also pledged to take legal and industry-wide action against YouTube channels “crossing the line in the name of film criticism”.
It was further decided that any private organization organizing award ceremonies or concerts would have to take prior permission from the TFPC and the South Indian Artists Association.
Legal and industry-wide action will be taken against those organizing such events without permission, the release said.
The General Assembly also resolved to initiate legal proceedings through the TFPC to secure all rights and royalties payable to the producers.
The association expressed gratitude to the Tamil Nadu government for major concessions, including issuing a government order setting up a single-window system for obtaining shooting permissions at government-owned locations and reducing the local service tax to 4 percent.
It thanked the government for renewing its order to allot 100 acres of land in Payyanur for housing the film industry workers.
This article was generated from an automated news agency feed without any modifications to the text.
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