Few days back, we had reported on an ongoing tug of war between the South Indian film producers and Digital Service Producers namely QUBE and UFO. Yesterday saw a meeting between the two for the third and final time with an unsuccessful result.

Jayendra  the co-founder of QUBE took to his Twitter page to state they had offered several options during the meeting including reducing the prices, but all offers were turned down.

UFO too is said to have come forward to bring down the prices for the projection fee by 14% to which the producers have requested a 25% reduction from the current price.

As the meeting has turned out to be successful, no films from the four south Indian film industries will come out starting March 1.