UMP assembles unmatched movie slate for 2009-10


 

TIDMUMP 
 
RNS Number : 0301U 
UMP PLC 
17 June 2009 
 

UMP Plc 
17 June 2009 
UMP Plc assembles unmatched movie slate for 2009-10 
 
 
17 releases up until March 2010 and a development slate of more than 30 movies 
 
 
UMP Plc (AIM: UMP, "UMP" or the "Company") has lined up the biggest slate of 
movies ever assembled by an Indian movie studio. The Company will release a 
slate of 17 movies between July 2009 and March 2010 and a further slate of more 
than 13 movies is in various stages of development and production, scheduled for 
release in 2010-11. These movies span across a range of genres from romance and 
comedy, to horror and action; across a range of directors, star casts and 
budgets. 
 
UMP's releases in 2009-10 
In 2008-09, UMP released 12 movies and in 2009-10, this number goes up to 17. 
The line-up for this year includes: 
 
 
  *  Ramgopal Varma's horror film Agyaat; 
  *  Vishal Bhardwaj's musical thriller Kaminey, starring Shahid Kapur and Priyanka 
  Chopra; 
  *  the spoofy comedy Aage Se Right, with an ensemble cast including Shreyas Talpade 
  and Kay Kay Menon; 
  *  the romantic comedy Main Aur Mrs Khanna, starring Salman Khan and Kareena 
  Kapoor; 
  *  Dharma Productions' romantic comedy Wake up Sid, starring Ranbir Kapoor and 
  Konkona Sensharma; 
  *  Dharma Productions' thriller Qurbaan, directed by Rensil D'Silva and starring 
  Saif Ali Khan, Kareena Kapoor and Vivek Oberoi; 
  *  Ashutosh Gowarikar's romantic musical What's your Rashee? starring Priyanka 
  Chopra and Harman Baweja; 
  *  David Dhawan's comic thriller Hook Ya Crook, starring John Abraham, Genelia 
  D'Souza and a strong ensemble cast; 
  *  Ken Ghosh's dance musical starring Shahid Kapoor and Genelia D'Souza; 
  *  the hilarious caper Season's Greetings, with an ensemble cast including Tabu and 
  Shreyas Talpade; 
  *  the pulp thriller Peter Gaya Kaam Se starring Rajeev Khandelwal; 
  *  the sweeping bio-pic Paan Singh Tomar starring Irrfan Khan; 
  *  Deven Khote's directorial debut Phillum City, starring John Abraham; 
  *  Prakash Jha's political drama Rajneeti, starring Ranbir Kapoor, Katrina Kaif, 
  Nana Patekar, Ajay Devgan and others; 
  *  the Tamil and Telegu remake of the smash hit A Wednesday, starring the 
  superstars Kamal Hassan and Mohanlal; 
  *  Delhi Belly, a Co-Production with Aamir Khan Productions; and 
  *  The Falling, a Co-Production with Aamir Khan Productions. 
 
 
 
Speaking on the upcoming slate of releases, Siddharth Roy Kapur, Director of UMP 
Plc said, "The incredible range of movies we have in store for audiences up 
until March 2010 is testament to the vision of UMP to produce movies across all 
genres and scales, with a relentless focus on combining the very best talent in 
the industry with great scripts. We are confident that 2009-10 will be a banner 
year for the Company, after our dream run last year, during which all our 
movies, performed well both commercially and critically." 
 
 
 
 
 
 
Future Slate in Progress 
 
UMP has already lined up a strong slate of productions for 2010-11, including: 
 
 
  *  A film by Sanjay Leela Bhansali, starring Hrithik Roshan and Aishwarya Rai; 
  *  A film by Anees Bazmee, starring Akshay Kumar; 
  *  A film by Anurag Basu; 
  *  A film by Rakeysh Omprakash Mehra; 
  *  A film by Priyadarshan; 
  *  A film by Anurag Kashyap; 
  *  A film by Rajkumar Gupta; 
  *  A film by Nishikant Kamat; 
  *  A film by Sourabh Narang; 
  *  A film by Prakash Jha; 
  *  Two large scale animation productions - Arjun, The Warrior Prince and Alibaba & 
  the 41 Thieves; and 
  *  Chillar Party, a heart-warming kids movie, 
 
 
 
along with a number of other projects in various stages of development. 
 
Impact of resolution between producers-distributors and multiplexes in India 
 
 
Further to the Company's announcement of 11 June 2009, at the end of a 60 day 
stand off between Producer-Distributors and Multiplexes over revenue sharing 
terms amongst other issues, a resolution was reached which will transform the 
way movies are marketed and distributed in India. This resolution encompasses 
the following points: 
 
  *  it restores complete control over distribution strategy of a movie to the 
  Producer-Distributor; 
  *  it significantly increases the net realization per movie for the 
  Producer-Distributor from approximately 40% to 45% share of net box office 
  revenues, after deducting entertainment tax; 
  *  it ensures complete transparency in deductibles claimed by Multiplexes from 
  Producers-Distributors; and 
  *  it will result in better planned releases and better per screen averages for 
  movies across the board, greatly benefiting the small to medium budget 'new-age' 
  movies, of which UMP is a pioneer. 
 
 
There has been recent comment in various sections of the media suggesting that 
"the Indian movie business has suffered a Rs. 3 billion loss due to the stand 
off". The Directors believe that this suggestion is without merit as movie 
releases have simply been deferred whilst the production of movies did not stop, 
or even slow down due to the standoff. In the worst case, the carrying cost for 
a movie that may have had an earlier release will be the "loss" to the 
Production sector. 
 
 
Enquiries: 
+----------------------------------+---------------------------------+ 
| UMP Plc                          |                                 | 
+----------------------------------+---------------------------------+ 
| B L Gautam - COO                 |                   +23 0788 2715 | 
+----------------------------------+---------------------------------+ 
| Grant Thornton UK LLP (Nomad)    |                                 | 
+----------------------------------+---------------------------------+ 
| Fiona Owen                       |            +44 (0) 207 383 5100 | 
+----------------------------------+---------------------------------+ 
| Jermyn Capital (Broker)          |                                 | 
+----------------------------------+---------------------------------+ 
| Vishal Sodha                     |            +44 (0) 207 399 2020 | 
+----------------------------------+---------------------------------+ 
|                                  |                                 | 
+----------------------------------+---------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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