COVID 19 effect: Bollywood box office takes a hard hit

March 14, 2020
Mumbai: Upcoming films have been indefinitely postponed owing to cinema halls being shut down in the wake of coronavirus pandemic, but the films that were already running are bearing the brunt.

The Tiger Shroff-starrer “Baaghi 3” and this week’s release “Angrezi Medium”, which brings back Irrfan, are the hardest hit.

“Baaghi 3”, which released in India on March 6, was doing brisk business till many states declared an emergency, directing halls to shut down. The film recorded the biggest opening of 2020 so far, raking in Rs 17.50 crore on day one.

However, “Baaghi 3” is currently witnessing a slump at the box office after cinema halls were shut down in Delhi, Maharshtra, Jammu, Bihar, Orissa, Karnataka and Kerala, at the time of going to press.

While the film is expected to cross the Rs 100-crore mark, the trade had expected it to scale at least Rs 130 crore. Till Thursday, the film has managed Rs 90.67 crore, according to trade analyst Taran Adarsh’s tweet.

As per several trade projections, big ticket films like “Baaghi 3” and Rohit Shetty’s postopned “Sooryavanshi” stand to see a 15-20 per cent impact on their collections under these circumstances.

The scene looks more bleak for a smaller film like “Angrezi Medium”, which opened on Friday. The film is expected to see a higher impact, in the region of 25-30 percent.

Trade expert Joginder Tuteja said: “Though ‘Baaghi 3’ has done well, one can’t expect the same from upcoming biggies that release at a wide scale since the coronavirus situation would be looked at far more closely at least in the near future, till the menace settles down.” IANS

EAM Jaishankar, Iranian FM have ‘detailed conversation’ on West Asia conflict

New Delhi: External Affairs Minister (EAM) S Jaishankar on Wednesday received a phone call from Iranian counterpart Seyed Abbas Araghchi during which both ministers held a "detailed conversation" on the...

India condemns attacks on Hormuz Shipping at UNSC, calls for restoration of free navigation

United Nations: India has condemned the attacks on commercial shipping in the Strait of Hormuz, which is vital to its energy and economic security, and called for restoring free navigation....

Rajnath Singh discusses defence cooperation with counterparts from Kyrgyzstan, Kazakhstan

Bishkek: Defence Minister Rajnath Singh held meetings with his counterparts from Kyrgyzstan and Kazakhstan on the sidelines of Shanghai Cooperation Organisation (SCO) Defence Ministers' Meeting in Bishkek on Tuesday.  ...

Dinesh Trivedi appointed as India’s next High Commissioner to Bangladesh

New Delhi: Former Union Minister Dinesh Trivedi has been appointed as India's next High Commissioner to Bangladesh, the Ministry of External Affairs (MEA) announced on Monday.   Trivedi has previously...

Rising food, gas, utility costs squeeze Americans amid tariff, war concerns

Los Angeles: Americans are feeling the strain as the cost of groceries, gasoline, and utilities continues to rise. Economists say a one-two punch of new US tariffs and a war-driven...

Mali attacks: Embassy urges Indian nationals to remain highly vigilant, exercise caution

Bamako: The Indian Embassy in Mali has urged all Indian nationals residing in the West African nation to remain highly vigilant following multiple attacks by armed groups across the country...

India Africa Summit extremely important for charting new course of cooperation: South African Envoy

New Delhi: South Africa's High Commissioner to India Anil Sooklal said that the upcoming India-Africa Summit is "extremely important" for charting a new course of cooperation between both sides.  ...

India, UK agree to address contemporary challenges, advance Indo-Pacific security

London: Chief of Defence Staff (CDS) General Anil Chauhan held a meeting with his UK counterpart, Air Chief Marshal Sir Richard Knighton, on Wednesday, during which India and UK reaffirmed...

Rajnath Singh invites German defence industry to co-create under Aatmanirbhar Bharat

New Delhi: Defence Minister Rajnath Singh has stressed that India, under the visionary leadership of Prime Minister Narendra Modi, is witnessing an unprecedented transformation in the defence sector, and increased...

PM Modi leads strategic reset with South Korea with focus on tech, trade and growth

New Delhi: India and South Korea have taken a major step toward strengthening their bilateral relationship, with Prime Minister Narendra Modi and South Korean President Lee Jae Myung announcing a...

India monitoring West Asia developments, in touch with Iran for safe passage of ships: MEA

New Delhi: The Ministry of External Affairs (MEA) said on Tuesday that India continues to follow developments in the West Asia region and remains in touch with countries of the...

South Korea voices deep regret over Japan PM’s offering, lawmakers’ visit to war shrine

Seoul: South Korea expressed deep regret on Tuesday after Japanese Prime Minister Sanae Takaichi sent a ritual offering to a war shrine seen as symbolising, if not whitewashing, Japan's militaristic...

Read Previous

20,000 job losses after Nepal suspends climbing permits on-arrival visas

Read Next

Well done Saurashtra, you deserve the cup

WP2Social Auto Publish Powered By : XYZScripts.com