Bollywood Might Face Huge Loss Due To Lockdown
OMG Bollywood might face 1300 crore loss due to ongoing Lockdown. According to sources Bollywood might face huge loss
OMG Bollywood might face 1300 crore loss due to ongoing Lockdown.
According to sources Bollywood might face huge loss at the box-office, as number of project release date got postponed due to coronavirus lockdown. And it’s been observed that number of projects are going to have tough competition at box-office.
Due to lockdown number of Bollywood projects like Sooryavanshi, Radhe, 83 etc has been postponed as per reports around 12 movies were supposed to release by end of March and begning of April, however release date has been shifted but due to rush hour at the box-office, movies might face tough competition and may bare huge loss.
Most affected projects were Baaghi3 and Angrezi Medium, which released few days before 21 day Lockdown came into power to fight covid-19 out break.
According to report it was predicted that Bollywood will manage to earn 500 crore in month of March.