New movie releases postponed after Maharashtra shuts multiplexes amid Covid surge  |  Photo Credit: PTI
As Maharashtra downed the shutters of its multiplexes amid a second wave of the pandemic, it’s not just the latter who will feel the pain.
Hindi movie aficionados across the nation will also be at a loss as movie producers are delaying new releases. Several movie producers have postponed the release dates of films after the state shut down multiplexes till April end amid skyrocketing Covid-19 cases across the state, according to an ET report.
Analysts say the move will significantly impact the business despite Uttar Pradesh, Haryana and West Bengal allowing 100% occupancy
A delay in the release of Hindi films will impact the entire film industry as the former form almost 50% of the box office. Night curfews and weekend lockdowns in some cities have caused a significant drop in those regions.
The release of major upcoming Hindi movies like ‘Sooryavanshi’ and ‘Bunty Aur Bubly 2’ has been postponed in Hindi-speaking states, Shaaminder Malik, Delhi and NCR based independent film distributor told ET.
The occupancy of many theatres is down to 5-10% while many others are contemplating closing down temporarily. South Indian movies have managed to pull crowds in their local markets to ward off the overall slump.