OTT Platforms are killing theatrical business says Suresh Babu

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Tollywood is going through a tough phase and like never before, the collections in November are quite low. Top producer Suresh Babu interacted with a Youtube channel during which he explained the reasons for the poor show and why theatres are witnessing the lowest numbers. He said that OTT platforms took a toll and a percentage of people stopped rushing to theatres. The economy is also quite poor admits Suresh Babu.

“A good sizeable amount of audience stopped watching films in theatres already due to the OTT platforms like Amazon and Netflix. Cinema is just becoming a weekend and holiday business. We had 3000 screens in united Andhra Pradesh and they have come down to 1750 screens. The youth are now looking for movies and content on OTT platforms. Along with this, the poor economy and bad films made things even poor. I was never been confused about films and with the dull season around, I am confused about the release date of Venky Mama. We have never released a film on Venkatesh’s birthday. We are planning to release Venky Mama on December 13th” said Suresh Babu

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