Reliance Entertainment: The Akshay Kumar starrer that released a few weeks back has been doing roaring business. However, it seems that the makers and incidentally also the distributors of the film Reliance Entertainment have run into issues with Carnival Cinemas. In fact, the makers of Sooryavanshi have discontinued the screening of the film from all Carnival properties effective yesterday – Saturday 20th November.
The reason behind this sudden decision is apparently the non-payment of dues from Carnival towards the distributor share. As per the agreement, all the multiplex chains were issued directives to transfer the distributors share to Reliance Entertainments twice a week, once on Monday for weekend collections and the other on Friday for collections done on weekdays. But, as per Reliance, Carnival chain defaulted on the payment of the last four days of the first week. Following this, the chain later defaulted on paying the dues from the second weekend and second week as well which prompted Reliance Entertainments to pull the film from Carnival properties.
Interestingly, this isn’t the first time the Carnival chain was indebted to Reliance Entertainment. As per the production – distribution house, the chain owed them around Rs. 1.35 cr., even before the pandemic hit.
