150cr loss estimated in Kollywood!

Source : SIFY
Author : MOVIEBUZZ
Last Updated: Thu, Mar 19th, 2020, 10:12:56hrs
150cr loss estimated in Kollywood!

Reliable sources in the industry say that from today, Kollywood is expected to face a revenue loss of 150 crores. 

Nearly 36 Tamil film shoots and 60 serial shoots have been temporarily stopped due to the coronavirus outbreak. The shoot of many biggies including Valimai, Annaatthe, Cobra, Indian 2, and Maanaadu are currently put on hold.

Around 5000 workers from the film industry will be jobless until March 31. We hear that the postponement of nearly 15 films will affect the release schedules in Kollywood.

Nearly 900 theaters across Tamil Nadu have also been closed so the daily wagers in the respective movie halls are also worried.

Altogether, Kollywood is worried about the ongoing battle against the novel virus and how to get back to normalcy.