The Corona pandemic has resulted in an economic crisis all over the World. Tollywood is no exception for Corona and already few producers are feeling the heat! As the whole World opted lockdown nothing seems to working and all are facing the doom.
Now in India as the 21 day lockdown got extended, experts started saying it would go further up to June or July to return to normalcy.
The latest news doing rounds in Telugu Film Nagar is all about resuming the shootings of the films that got stalled as of now and opening the Theaters. It is said that already the Producers Council is in talks with all the production houses to go for shoots only in July if at all the lockdown eases by then.
Earlier Producer Suresh Babu and Director Rajamouli said that it would be August where the situatiuons could come to normalcy. Now, Ace Producer Allu Aravind said that the fear among public to go out and enjoy in a public place will not fade way that easy and Theaters would be the last priority for entertainment. He said at least it will take 2 years to get momentum for the Exhibition Industry.
Aravind said that small budget films also can't make it big on OTT revenue alone and if at all if the makers of small films wait for Theaters, their financial status could be crippled with Interest rates from financiers. Only Big films and capable producers will survive the crisis ended the ace Producer.
Now in India as the 21 day lockdown got extended, experts started saying it would go further up to June or July to return to normalcy.
The latest news doing rounds in Telugu Film Nagar is all about resuming the shootings of the films that got stalled as of now and opening the Theaters. It is said that already the Producers Council is in talks with all the production houses to go for shoots only in July if at all the lockdown eases by then.
Earlier Producer Suresh Babu and Director Rajamouli said that it would be August where the situatiuons could come to normalcy. Now, Ace Producer Allu Aravind said that the fear among public to go out and enjoy in a public place will not fade way that easy and Theaters would be the last priority for entertainment. He said at least it will take 2 years to get momentum for the Exhibition Industry.
Aravind said that small budget films also can't make it big on OTT revenue alone and if at all if the makers of small films wait for Theaters, their financial status could be crippled with Interest rates from financiers. Only Big films and capable producers will survive the crisis ended the ace Producer.