MUMBAI: After a number of its big films failed to make an impact at the box office over the last 18 months, UTV has postponed the release of over five small and medium films, involving investments of Rs 1 billion.

The films affected by the production houses’ action are Paan Singh Tomar, Phillum City, animation film Arjun: The Warrior Prince, the David Dhawan comedy Peter Gaya Kaam Se, Season‘s Greetings and the Amitabh Bachchan-starrer Shoe Bite.

These films are in a completed state. UTV Motion Pictures chief executive officer Siddharth Roy Kapur, however, said that some of the films would be released next year.

While Paan Singh Tomar is scheduled to release in March 2012, Arjun… will release in May next year. Peter Gaya Kaam Se and Phillum City are direct-to-TV releases that will be aired across the UTV network in the first quarter of 2012. Season‘s Greetings is still in production.

"The only film on which we have had to take a creative judgement call is Hook Ya Crook," Roy Kapur added.