Yash Raj Films feel the heat of recession
Things are not so fine with legendry Yash Raj Chopra camp. Recently Yash Raj Films had to close down their overseas offices in US and UK due to recession.
This move came immediately after Karan Johar sold his movies distribution rights to UTV which came as a shock to YRF.
And not only that, we have heard that Yash Chopra is also thinking of closing down his music company Yash Raj Music. The cost of running YRM has gone so high that its simply impossible for the company to do well and book any profit.
Source : Various, Posted By : Sanju T On : 2009-03-25
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