Cinema industry stares at major loss again with Maharashtra lockdown
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The move, experts say, will result in filmmakers postponing the release dates of their films again as Maharashtra is one of the biggest markets.
Agencies
As per trade sources, after opening of cinema halls with up to 50% capacity, most cinema theatres had clocked less than 3% occupancy till January.
The cinema exhibition sector, which had just started limping back to normalcy after remaining close for almost nine-months last year, is once again staring at major losses after the Maharashtra government on Sunday issued new guidelines, asking cinema halls and other entertainment venues to shut operations till April 30th.