One of the biggest reasons for which India is famous in the whole world is the ‘Bollywood Cinema Industry‘. But do you know how is the film industry affected by COVID-19?
Bollywood has even overtaken Hollywood in becoming the largest center of movie production in the world.
For making this incredible record, some prominent production houses of Bollywood have given efforts and contributions.
Fox Star Studios, Eros International, Reliance Big Pictures, UTV Motion Pictures, Dharma Production, Yash Raj Films, Red Chillies Entertainment. These are some famous production companies.
Everyone knows the losses of all the important sectors, but probably very few people think about the losses of Bollywood. Like all the other industries, Bollywood Industry also faced a huge loss due to this pandemic situation.
So let’s read till last to know about losses faced by the Bollywood industry because of the Covid-19 pandemic.
First Lockdown – Loss started
At the first, the huge losses started with the shutting down of all multiplexes and single screens all over India. And therefore a revenue of millions stopped.
At the initial stage, people were not taking this pandemic seriously which causes the government to take the step of closing cinema halls.
Mostly, the multiplexes afforded to combat against this due to their financial soundness.
How is the film industry affected by COVID-19- Postponement of Movies
Because of covid situation, most big-budget films postponed. It was an upset news for all the members related to the films. All the production houses decided to postpone the shooting as per the government instructions.
Big-budget films like ‘Angrezi Medium’, ‘Sooryavanshi’, ‘Sandeep Aur Pinky Faraar’, ‘83’, ‘Radhe’, ‘Jersey’, ‘RRR’ was schedule to release in 2020. But couldn’t because of government strict rules against covid.
Even though most of the movies released, ‘Radhe Shyam’, ‘RRR’, ‘Jersey’, ‘Prithviraj’, and ‘Attack’ are yet to be released.
In between, people get some relaxation when some producers decide to release their upcoming movies on online streaming platforms.
Many of us already know about OTT, but if you don’t know then know it through some OTT platforms examples.
Some most popular OTT platforms are ‘Netflix’, ‘Amazon Prime Video’, ‘Disney+Hotstar’, ‘ZEE5’, ‘SonyLIV’ and ‘ALTBalaji’. By this, our mobile phones, laptop, tabs became the only new big screen.
There are more than 40 OTT platforms in India where some of the Bollywood movies were released because of the Covid situation.
This initiative taken by the producers was like a “Getting the life again” situation for all the cinema enthusiasts out there. It was a great step for directors, producers, and audiences.
It was not a big deal for most people because of the smooth network, proper digital facilities, and access to the internet to everyone with any digital device.
Name of some OTT releases is ‘Nail Polish’, ‘Kaagaz’, ‘Tandav’, ‘Tribhanga’, ‘The White Tiger’, ‘The Big Bull’, ‘Bhuj’, and many more. And now, people start to love watching movies on the streaming platform from anywhere.
According to the reports of RBSA Advisors and The Times Of India, currently, India’s OTT Market is $1.5 billion in 2021. And now it expects to reach almost $12.5 billion by 2030.
How is the film industry affected by COVID-19- Shooting During Pandemic
Before releasing a movie on OTT platforms, it has to be shot first. But it is not possible until all the crew members are vaccinated with both doses.
All the production houses decide to continue their shooting after getting the vaccination to all the members and by following all the precautions. It is so difficult and risky for everyone but all the members make it possible by taking the necessary steps.
Many production houses requested the government to avail vaccines for members and permit them to start the shooting again. Many films didn’t get permission which cause delays in completing and releasing the movie.
Some Movies that continue the shooting during a pandemic are ‘Dhamaka’, ‘Badhaai Do’, ‘Chandigarh Kare Ashiqui’, ‘Prithviraj’ etc.
After suffering from all these crises, Bollywood is coming back to its normal state. Everything is now under control. And most of the films are doing their shooting like earlier.
However, Producers are trying to complete the shooting as soon as possible because of the uncertainty around the Omicron variant.
Movies that stuck after promotions, faced losses due to their postponement than the other films.
It is a tough situation to control, but filmmakers are trying their best to create a great movie for their audiences.
Best movies of the year 2021 you can’t miss
So what do you think? How is the film industry is affected by COVID-19?
I think if you are a subscriber on any streaming platform, you don’t need to worry about anything. But if you are a non-subscriber, you have to wait for some time to watch new movies.
Don’t forget to write your valuable opinion and thoughts on this in the comment box below.