Monday, December 28, 2020

When the silver screen went dark: Bollywood counts its losses in year of pandemic

As productions halted, theatres shut their doors and audiences settled down in front of their screens, the Hindi film industry hit pause button in the year that was – resulting in revenue losses of maybe thousands of crores and many thousands of workers forced into unemployment. The coronavirus pandemic scripted a tale of unprecedented challenges for the flourishing industry that came to a screeching halt in 2020. While there are no exact figures, some insiders estimated the losses could be upwards of Rs 1,500 crore to “thousands of crores” and said single screen theatres would have lost anything between Rs 25 to Rs 75 lakh a month.

from IndiaTV Entertainment: Google News Feed https://ift.tt/3nYtVbw

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