Big Budget Films Suffer Due to Recession and Strike!

The two-month-long stand-off between the producers-distributors and multiplex owners over revenue sharing, which now has been resolved, has led to a whopping Rs.300 crore (Rs.3 billion) loss to the industry. The strike has cost the Indian film industry over Rs.3 billion. It seems the strike has also affected auxiliary industries like hoardings and advertising. They are said to have suffered an estimated loss of Rs.100 crore (Rs.1 billion).The combined fixed cost losses - rent, salary, electricity bills - for all multiplexes for the first quarter (April-June) is expected to be around Rs.140 crore.

Big budget movies like Kambhakt Ishq, Blue, Kites, New York to name a few, have had to postpone their release dates. Apparently, the distributors of the film industry are not ready to buy the big budget movies like Blue, 3 Idiots. Even Hrithik Roshan starrer Kites with the international touch has suffered immense looses.

Here’s the detail information about the big budget films that has suffers due to recession and strike…take a look!