Bunny Vas Prediction: 90% Single Screens To Shut Down?

One of the senior producers in Telugu cinema Bunny Vas is regarded as one of the most talented individuals in the industry. He is known for making predictions based on the correct calculation, and that is the reason why veteran producer Allu Aravind also value him so much.

In this context, this talented producer has predicted that single screens across Andhra Pradesh and Telangana could be shut down to the degree of 90% in the next four to five years.

What exhibitors and producers need to understand and correct is not the percentage system but how to bring the audience back to the theaters, Bunny Vas stated.

In the current half-rupee business, it is not about saying, "Yours is a penny. Mine is a penny." We need to think about how to take our business to the rupee like before. If the trend of giving the movie to OTT within 28 days of its release continues, 90 percent of single screens will close in the next four to five years.

Big heroes should also think about this. If you keep making one movie every two years and one movie every three years, the audience will also move away from the theaters. In these two to three years, many theater owners will not be able to maintain them and will close them.

If single screens are closed, then only multiplex theaters, but what all big heroes should remember is that only 43% of the income generated by your movie theaters goes to the producers. He projected. This is a pretty bold yet actual projection made by the senior producer, and it has to be seen in what side of repercussions it will have.