Coronavirus Effect: Bollywood Lost About 300 Crores In The First Quarter, This Film Was Just A Super Hit

April 15, 2020April 15, 2020

Read Time:1 Minute, 35 Second

The film industry has been greatly affected by the Corona virus. Due to the lockdown caused by the corona virus, the theaters, shooting are closed while many events have also been canceled. In such a situation, people associated with the Bollywood world have suffered a lot and if it is estimated then it could be 250-300 crores. In fact, many other merchandise are also being affected due to non-release of films.

According to a report in Hindustan Times, the Bollywood industry has incurred a huge loss of Rs 250-300 crore in the first quarter of 2020. The special thing is that in this first quarter only Ajay Devgan’s film Tanhaji: The Unsung Warrior has been the only superhit film. Also, there are no good signs for the coming times and even big films will not be released on Eid. In such a situation, the trade on Eid will also be greatly affected.

At the same time, trade analyst Taran Adarsh said, ‘The first quarter of 2019 was very bad and now due to the release of no big films on Eid, the destruction of the second quarter has also started.’ Apart from this, new episodes are not coming in the TV industry due to the shooting stops, due to which many serials have to be closed. The release of many big stars’ films has been postponed due to the lockdown, which has also severely affected the business.

Talking about the films released in the first quarter, only Tanaji did well and did a business of around Rs 270 crore. At the same time, a lot of expectations were expected from the Tiger Shroff starrer film Baaghi-3, but the theaters closed a few days after the film’s release. Due to this, Irrfan Khan starrer film English Medium also did not perform very well and now the film has been released on online platform.