Telangana single screens shutting down
- 16 May 2024 12:00 AM
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In a shocking development, the 250 single screen theaters in Hyderabad are set to shut down in view of the lack of new theatrical releases in the due course.
Single screen cinema theatre owners in Telangana have decided to temporarily stop film screenings in view of losses due to absence of patronage.
Vijayender Reddy, President of the Film Exhibitors Association, said there has been a significant decline in audience turnout
The occupancy in theatres has come down this season because of the absence of any big-budget movies.
Easy availability of content on OTT platforms, Indian Premier League (IPL) matches, and interest in the ongoing elections are cited as the other reasons for the drop in occupancy in single-screen theatres.
The expenses incurred on screening the movies are said to be higher than box-office collections. Hence, the decision has been taken to shut down single screens for the time being.