A 20% reduction in remuneration of actors and technicians is one of the crucial decisions taken by the Active Telugu Film producers Guild in Hyderabad yesterday. Perhaps, we will see a lot more changes in the next few months until business picks up again regarding the same. Interestingly, the guild clearly framed some guidelines regarding the same, in the view of theatres getting reopened again.
"We are thankful for the cooperation extended by all segments of the Industry. The Artist community is the face of our industry and has always been the first to step forward in difficult times. Again after very fruitful discussions with the Movie Artistes Association, we have been able to arrive at an understanding that will set the tone and help us lift ourselves from this situation in the near future." they revealed in the statement.
The following is the decision that the guild has taken, in view of coping up to the crisis situation.
The Movie Artists Association & The Active Telugu Film Producers Guild have agreed that 20% reduction on remunerations shall be applicable (pre lockdown rates). Under 20,000/per day artistes shall be exempt from this reduction. In regard to Technicians, individuals drawing over Rs.5 lakh per film are expected to extend the same reduction of 20%. This understanding will go a long way and all are expected to cooperate. It is also agreed that the above understanding will be reviewed as the situation normalizes. This understanding is applicable to all producers, artists, and technicians regardless of their affiliations. All are expected to cooperate and comply so that the Telugu Film Industry may flourish again soon.