Theatres in Two Telugu States to Shut Down from June 1? Here’s Why!
Buyers are showing reluctance toward the current rental policy. Discussions with theatre managements are scheduled for June 1, followed by talks with producers. If these discussions succeed, theatres will continue operations; otherwise, there’s strong industry buzz that they may shut down. Theatres are already running empty, and with high-budget pan-Indian films like Hari Hara Veeramallu on the horizon, the industry was hopeful for better days. However, this news has shaken industry circles. Many believe the issue will be resolved before Hari Hara Veeramallu releases, ensuring no disruptions for the film. If true, this would be a relief; otherwise, fans of Deputy CM Pawan Kalyan will face significant disappointment. This is a major film featuring a prominent hero, who also serves as a state’s deputy chief minister, releasing after a long gap.
Industry insiders assert there will be no obstacles during the film’s release. Post-Sankranti this year, the industry has been in a slump, with only films like Thandel, Dragon, Hit 3, and Single achieving success. Just four hits in four months—how can the industry survive like this? Moreover, while one film succeeds, another flops, severely impacting buyers. In such times, buyers’ decisions to take a hard stance are understandable. For Hari Hara Veeramallu, buyers in most regions are pressuring producers to sell on a commission basis. For instance, in the Nizam region, three buyers are competing for the film’s rights, all insisting on a commission-based deal.
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