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In 2022, Kollywood producers have largely benifited due to Red Giant movies,
I tried a long thread to explain d reason behind majority of producers keen to join hands with Red giant movies for TN release..
Do read out⏬⬇️
I tried a long thread to explain d reason behind majority of producers keen to join hands with Red giant movies for TN release..
Do read out⏬⬇️
How does the industry work:
1. Producer sells the movie before release on a MG basis which gives him a gaurantee revenue irrespective of the performance and d risk passes to sub distributors
2. The producer releases on his own on a distribution basis means d producer takes d risk
1. Producer sells the movie before release on a MG basis which gives him a gaurantee revenue irrespective of the performance and d risk passes to sub distributors
2. The producer releases on his own on a distribution basis means d producer takes d risk
How does Red Giant work:
Red Giant on default work on distribution basis for a commission ranging frm 5-10% on final theatrical share and handover the remaining 90-95% of the final share directly to d producer which in turn is d revenue generated for the producer from TN theatres
Red Giant on default work on distribution basis for a commission ranging frm 5-10% on final theatrical share and handover the remaining 90-95% of the final share directly to d producer which in turn is d revenue generated for the producer from TN theatres
