In an unexpected move, the single theatre proprietors are requiring a percentage from the producers rather than rentals for their film screenings. Virtually 100 exhibitors visit the Movie Chamber as well as claimed that they cannot preserve the theatres with the present system of services.
Some proprietors say they would close the theatres if the producers do decline their demand.
All the complex screens are keeping up the percentage system. Yes, it’s movies to get released for the movie theatre, as well as the sector. If you consider various other states, the theatres are keeping up the percentage and their services. With leasing, the solitary theatres can survive and the upkeep will boost. Otherwise, there is a danger that these solitary theatres might transform themselves right into property, exhibitor, manufacturer, and supplier.
In Telangana state, there are almost 300 single theatres. Because of COVID-19, all the movie theatre theatres were shut. When movie theatres opened up currently, the occupancy only was half. Therefore, it is tough to preserve the theatre, so they are asking for the portion. They will sort out the concern in a few days.
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The theatres’ owners included that many of the exhibitors are waiting on the movies to get released from the movies to get released by the government.
Prior to the elections sops to the movie, the market consisted of the giving in on power charges to theatres. Yet, the federal movie to get released by the government has not released movies to get released regarding these sops. A lot of the exhibitors are waiting on the movies to get released, particularly giving ins on electricity charges.
For the last 5 years, the rental charges have been repaired. Also, there is no walking. So, the single theatres are dealing with some issues and movie theatre owners are going to fix it.
As much of the single theatres were shut due to monetary problems. The percentage system is not new. Movie theatre owners ran the theatres with this system originally and afterwards changed to leasing. Now, they are again requesting a percentage.
The exhibitors likewise want clarification from producers about the screening of big movies on OTT. Just recently, large movies got released on OTT systems when they still were showing in theatres. They’re asking for a six-to-seven weeks space after the launch of the film in theatres.