Prime Minister Narendra Modi recently announced that the lockdown is extended till May 3rd and asked people to stay in their homes. Even after the lockdown is lifted, there will be a lot of restrictions that people need to face. At this time, the film industry may find it very difficult to survive as the theatres may only be allowed to run with half capacity till August.
There is a big chance that small production houses may get completely closed and big production houses may change their plans. They may finish films only committed before with minimum budget and leave the yet to be started films. As we know, most of the big production banners started 3-4 films already. There is a big chance of either postponing them or cancelling them as per experts.
Also small production banners may go bankrupt and many people may go unemployed due to this. Looks like the film industry is going an year or two back because of this deadly virus.
There is a big chance that small production houses may get completely closed and big production houses may change their plans. They may finish films only committed before with minimum budget and leave the yet to be started films. As we know, most of the big production banners started 3-4 films already. There is a big chance of either postponing them or cancelling them as per experts.
Also small production banners may go bankrupt and many people may go unemployed due to this. Looks like the film industry is going an year or two back because of this deadly virus.