Producer Suresh Babu has decided to shut down his theatres in Krishna and East Godavari districts from tomorrow. All the theatres owned as well as leased by him will be shot down as a mark of protest against the state government’s recent orders.
Recently a G.O. was issued placing a slab on the ticket prices on theatres in AP. These theatres were divided into Municipal Corporations, Municipality, Nagar Panchayat, and Gram Panchayat. In fact, the ticket prices in Gram Panchayat have been set as low as Rs 20/-.
This is turning out to be the biggest issue for the distributors. If this situation continues for a while and no amicable agreement is done between the government and distributors, there is a chance of no more new releases for quite some time along with theatres shutting down.
This year, Tollywood is going to witness a number of big-ticket films. The producers and distributors are really counting on them to pull them out of the lean patch brought in by lockdown last year. However, with this G.O., a number of Tollywood biggies will have to struggle really hard to recover their investment with the government-established ticket prices.
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