Bollywood to go on strike over box office earnings

Bollywood film producers are going on indefinite strike from this weekend, after failing to resolve differences with multiplex owners over their share of box office takings.

The move is likely to hurt India's $2.1 billion a year Hindi-language movie industry, which is already feeling the fall-out from the global economic slowdown as audiences dwindle, but both sides are refusing to budge.

"It is unfortunate and a reality now. We are going on strike from April 4," said producer Mukesh Bhatt.