October 25, 2021

SSTARNATION

ARTIST

Almost Rs 1100 Crore Loss Of Bollywood Industry Due To Corona Virus Night Curfew This Year

The second wave of Corona is proving more dangerous for the film industry. Bollywood, which has suffered a loss of nearly 2000 crores in the last one year, is at a stake of over Rs 1100 crores.

Due to the increasing scope of lockdown and night curfew in the country, the release dates of films are being extended again. In such a situation, far from compensating for the loss of the previous year.

From November 2020 to March 2021, some films came to the big screen, but seeing their fate, Bollywood is also shocked. Barring just one film, ‘Roohi’, no one else managed to make up for its cost. The worst happened to Parineeti Chopra and Arjun Kapoor’s film Sandeep and Pinki. Which was made at a cost of about 25 crores and could earn only 35 lakhs.

According to trade analyst Girish Wankhede, he told that in 2021, more than 50 big films were expected to be released in Hindi. These films were to be released on ten thousand screens. Which had the potential to touch the earnings figure of at least 5000 crores, but the films released in the first quarter of 2021 were a flop at the box office. In the second quarter, this new wave of Corona has knocked, which if reduced further, even then by the end of half a year, Bollywood will have a loss of around 3 thousand crores.

The release of films has begun to be postponed due to increasing cases of corona. Release of ‘Chahre’, ‘Suryavanshi’ and ‘Thalaivi’ and ‘Bunty Babli-2’ in April, ‘Radhey’, ‘Satyamev Jayate-2’, ‘Bell Bottom’ in May and ’83’ and ‘Shamshera’ in June. The date was almost fixed, but they have been postponed till the conditions become normal.

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