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Tollywood incurs Rs 100 crore loss
By: Tupaki Desk | 23 Aug 2013 12:13 PM GMT
The ongoing United AP movement in Seemandhra has incurred a loss of over Rs 100 crore to Telugu Film Industry. Exhibitors in Andhra and Rayalseema regions are reluctant to shell out money on new films and instead preferring to run the old movies which should have been removed from the screens by now.
For Film Industry, A loss of collections on any day are gone forever and that's the reason why several big producers are fearing to release their films.
Pawan Kalyan's Atharintiki Daredi and Ram Charan's Yevadu were postponed due to unfavorable situation in Seemandhra region. They would have collected at least Rs 100 crore by now if they were released as per the earlier scheduled date and producers of these two films have be losing few more crores in the form of interest on money they borrowed.
For Film Industry, A loss of collections on any day are gone forever and that's the reason why several big producers are fearing to release their films.
Pawan Kalyan's Atharintiki Daredi and Ram Charan's Yevadu were postponed due to unfavorable situation in Seemandhra region. They would have collected at least Rs 100 crore by now if they were released as per the earlier scheduled date and producers of these two films have be losing few more crores in the form of interest on money they borrowed.
