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Filmmakers expect 10-12% rise in production costs post covid-19
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NEW DELHI: Suspension of film, television and web production for close to two months, along with payouts for staff salaries and other fixed costs, has pushed Bollywood studios into a deep crisis.
Most foresee a minimum of 10-12% escalation in production costs to accommodate additional safety and hygiene measures that will become mandatory on sets, and smaller crew that will have to deliver the same amount of work that higher numbers would dish out earlier. “It’s a triple whammy for most filmmakers.
You can’t monetize on the number of films that you wanted to this financial year because one, many of them are in jeopardy and cannot be delivered in time, two, others will not find showcasing in theatres unless they are big-ticket ventures and
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