The ongoing rift between South Indian producers and Digital Service Providers (QUBE, and UFO), has not settled down. Producers from Kollywood, Tollywood, Mollywood, and Sandalwood, met with the team of Digital Service Providers, this morning at Bangalore. However, this meeting did not end up on a positive note, and as a result, the strike has been reconfirmed. 
 

According to the official press statement from the Producers Council, it is said that the Service Providers promised to reduce 15% rates in Hyderabad and 10 % rates in Tamil Nadu. But, then, in today's meeting, they have apparently stated that there can only be 9% of reduction, in the rental rates, that too, only on the overall theatrical collection of a movie, and not on a daily basis.

This has irked the South Indian producers, who have now officially reconfirmed that no films will release from March 1, in all Southern states of India.

No new film releases from March 1!