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UFO
has invested in the range of Rs 130 million
to Rs 150 million in Kerala for the project.
The company has installed the digital systems
on a refundable deposit of Rs 2,25,000 per
theatre.
As the company's national revenue model
goes, UFO charges the exhibitor Rs 250 per
show for the first week, Rs 200 per show
for the second week, Rs 150 per show for
the third week and Rs 100 per show for the
fourth week. The charges made on the distributor
are, Rs 175 per show for the first week,
Rs 100 per show for the second week, Rs
50 per show for the third week and Rs 45
per show for the fourth week.
For
Moonnamathoraal, EEDPL will be donning
the triple roles of the producer, distributor
and exhibitor. The Jayaram-starrer, directed
by Chennai-based ad man V K Prakash, is
made on a budget of about Rs 5 million.
"We have spent Rs 5 million on this
project, which, on the analogue system,
would have required Rs 7.5 million to complete.
For the total project, we have spent about
Rs 9 million," says Joseph, adding
that EEDPL's next digital venture Aanachandam
will go the floor on 24 June.
Aanachandam,
again a Jayaram starrer, will be directed
by veteran Jayaraj.
Last
year, UFO Moviez, the digital cinema network
launched by Valuable Media Pvt Ltd, unveiled
its digital project to set up 500 digital
movie halls by 2006 March at an investment
of Rs 800 million and then scale it up progressively
to 2000 cinema halls across the country
at a total investment of Rs 3 billion. However,
the company fell short of its 2006 target
due to the shortage of digital projects,
according to UFO senior manager Mukesh Sherigar.
"We
couldn't meet the target in these circumstances,
but now we are well on track. We have installed
the digital system in about 300 theatres
across the country as of now," he says.
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