2020-11-28 17:40:36 :
Coronavirus has affected the lives of 1 or the opposite in each doable method. Virtually each business obtained affected with the lethal virus and slowly one after the opposite are recovering. Whereas if there may be some other business that’s largely affected it’s absolutely the theater enterprise. From the previous eight months theaters are closed and there’s no revenue for the homeowners by any means.
It has impacted the lives of exhibitors and distributors. With folks extra inclined in the direction of the OTT platforms, there may be extreme hazard for the theater enterprise to run in India.
So, many theaters are closing completely and are shifting into both godowns or different enterprise functions. In Hyderabad alone, a complete of 15 theaters had been shut down and plenty of extra are but to come back.
Among the closed theaters are specifically, Sree Mayuri theatre in RTC ‘X’ Roads, Galaxy theatre in Tolichowki, Amba theatre in Mehdipatnam, Sairaja theatre in Musheerabad, Sri Rama theatre in Bahadurpura, Venkatadri theatre in Dilsukhnagar, and Shanti Theater in Narayanaguda.