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8 X 10 Tasveer out of financial trouble

Published: Monday, March 30, 2009, 17:15 [IST]

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If the present day recession wasn't enough, Bollywood had almost faced yet another setback in the form of the stalling of the release date of Akshay Kumar's most awaited film 8 X 10 Tasveer. For the uninitiated, the film's release date had almost got postponed due to bouncing of the cheque of Rs.6.67 crores, which was issued by Percept Picture to T-Series.

And the good news is that Percept has made good its default and has issued a demand draft for the said amount and T-Series has received the due money. T-Series has now issued letter of clarification to the laboratory and withdrawn its letter written to them earlier asking them to stop delivery of the prints of the film to Percept. However, the music rights and the home video rights of 8 X 10 Tasveer shall remain with T-Series.

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