Bollywood is going through an unimaginable crisis.
Many big budget films are rotting in the cans while most under-production films are stuck.
The multiplexes are bleeding and single screens are gasping for breath.
The OTT platforms have become really choosy.
Who will report this?
Nobody from the journalism world seem to be interested to report this.
So here's a thread about how Bollywood has been severely impacted by the recent events and how it might be a body blow to the entertainment industry as we know it, if the situation doesn't change in six months
I was chatting with @taran_adarsh today.
He says that most big banner films are wait-listed for the theatres and they have all been rescheduled to 2021.
But here's the problem.
There will be a huge backlog as and when situation normalises in 2021 and people come back to theatres.
But the worst sufferers, as @taran_adarsh, concurs with me, are productions on a budget.
They are the ones which have and will be suffering the most because of lack of space.
"This situation is beyond anybody's control. Nothing can be done. We can just wait and watch," Taran says
OTT platforms haven't been able to come to the rescue.
The recent debacle of few over-hyped films have put them on the backfoot.
Nobody is ready to shell out dollars without watching the content and calculating its viability. The OTT sell prices on offer have drastically reduced.
