The coronavirus is crushing the world's most prolific film industry

  • 📰 CNN
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

The pandemic has likely cost India's film industry more than $330 million in lost box office revenue and canceled production shoots, a film analyst says

Instead, the coronavirus pandemic has brought the world's most prolific film industry to a halt. Movie theaters have shut their doors, production companies have called off shoots, and film studios have delayed releases — including the debuts of at least two major films that were expected to carry the season.

Filming remains on hold during the nationwide lockdown, which now expires on May 17 after a couple of extensions."We're going to see a cascading effect on films," said Gupta, the film critic."This will affect the entire slate of movies for this year."Even if movie theaters do reopen, they will continue to lose money if they are unable to seat full crowds, according to Nahta.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Not just Bollywood literally all industries in the world

Well It might give them some time to come out with original songs..

🤣 Why do I care? CNN has become more concerned about India than the US! Their movie industry is 'prolific' because they have 1.4 billion freaking people.

The coronavirus pandemic has brought all entertainment industry to a halt, all over the world.

I don't believe a thing that CNN, say

Hey FAKE news, look at this 👇

anyways not having Indian movies is a great thing to humanity and new generations

Fake news

sounds like opening day for the botched avengers movie

CNN: Raise your bar

Wait, what?!? Are you trying to tell me that this pandemic is effecting the economy?!?!?! 😵😵😵😵😵😵😵

CNN.. have you lost it? Show me some Hollywood's shoots going on!

CNN is more concerned than Bollywood 🤔

Hmm okay . But I thought CNN is capable of better news . 😊

Indians are crying

take that Tseries

Meanwhile - everybody's got fat!!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Airfares could rise 50% with onboard social distancing, industry group warnsNEW: Airfares could rise more than 50% compared to last year's prices if social distancing measures are enforced on aircrafts amid the pandemic, an industry trade group warns. I won't be flying for a few years. Take them prices somewhere else. 🤷🏽‍♂️ 'Social distancing' in a hermetically sealed tube, that recycles the air you breathe is fucking ridiculous! i travel by lawn chair balloon, so i don't really give toss.
Source: ABC - 🏆 471. / 51 Read more »

Influencers won't be destroyed by the coronavirus advertising meltdown - Business InsiderCreators and marketers are adjusting their businesses amid the coronavirus proving the influencer industry isn't destroyed.
Source: BusinessInsider - 🏆 729. / 51 Read more »