Telugu cinema industry is facing a huge slump. The collections have drastically reduced to near nil status. The visual spectacles like ‘Sye Raa’ and ‘Saaho’ are bringing the audiences to the theaters but with the advent of digital streaming sites, collections have become zero for small-budgeted movies.
In the last one month, no film has witnessed a decent amount. Of late, theaters and multiplexes in Andhra Pradesh and Telangana are witnessing 10 percent collections. “Cinema business has become a weekend business. Collections during weekdays are not even sufficient to pay the electricity bill for the show,” lamented producer and distributor D Suresh Babu in an interview to senior journalist TS Sudhir.
He has given many insights into the cinema business. He said that Amazon Prime and Netflix don’t affect the openings of big star movies but ordinary content will not be survived in the theaters.
