Co-producers T-Series walk out of PPC's 8X10 Tasveer
Co-producers T-Series walk out of PPC's 8X10 Tasveer
Percept Picture Company's 8X10 Tasveer has now hit a new roadblock. Co-producers T-Series have backed out of the project.
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They've Left Us, Guys: Shailendra Singh, Akshay Kumar and Nagesh Kukunoor on the sets of 8X10 |
The film stars Akshay Kumar and Ayesha Takia in the lead and is directed by Nagesh Kukunoor.
An industry source says, "When the film was conceptualised, Percept and T-Series got into a multi-film deal. The first film off of this deal was 8X10 Tasveer.
It was meant to be a quickie but somehow the film kept getting delayed and pushed back. Because of all these issues, the film went way over-budget."
Heavy priceThe source further adds, "Now that the film is up for release, T-Series didn't see an encouraging enough return on their investment.
That's one of the reasons why they contemplated leaving the feature and even scrapping the entire multi-film deal.
Buzz is, Percept paid a heavy price for T-Series walking away from the film; compensation was claimed for all funds the co-producers put into the film."
Says Shailendra Singh (Head-PPC), "T-Series were never our partners. They had an option initially and co-produced the film, but as they were not active in production I thought I should keep the movie at Percept so we could exploit it ourselves. T-Series is still the film's music company of the film, though."
