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NMPA and NPA seal deal on 50% share distribution

Nepalkhabar

 |  Kathmandu

The Nepal Motion Pictures Association (NMPA) and the Nepal Producers Association (NPA) have struck a deal on the distribution of shares.

According to Nawal Khadka, the president of the Producers' Association, the distribution of 50 percent share issue has now been agreed upon. According to Khadka, now the producers will always get 50 percent share for releasing the film.

He said that 50 percent share allotment has been agreed between the two associations. Earlier, the representatives of the two associations held a two-day discussion on the same issue.

After agreeing to hold talks on November 21, they decided not to stop the screening of the film. However, after the talks held on Tuesday ended inclusively, both associations formed a negotiation panel and continued the discussions.

After two days of intensive negotiations on Wednesday and Thursday, an agreement was reached regarding the distribution of 50 percent shares.



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