India city Mumbai city Delhi city Pune experts testing infection India city Mumbai city Delhi city Pune

Spike in covid cases, IPL, Ramzan may hit film business

Reading now: 991
www.livemint.com

Bollywood biggies like Sooryavanshi are slated to hit the screens. In the interim, smaller films will test the waters with expectations that covid cases will dip and restrictions in states like Maharashtra will ease.Also Read | The invisible hand in India’s stock marketMumbai and Delhi territories contribute almost 50% to the film business.

With Mumbai and the rest of Maharashtra seeing a spike in cases, trade expert feel that films may lose 10-40% of their overall earnings.

Curfews and restrictions in territories like Nagpur, Pune, Amravati and Jalgaon, many of which saw cinemas and malls shut over the weekend, have led to considerable impact, said trade experts, with a film like Mumbai Saga that released last Friday, seeing nearly 40-50%.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA