Indian Cinema Gets A Spine-Chilling News from China

PVR Cinema Theatre

It is getting increasingly difficult to gauge the effect of Coronavirus on the Cinema. Indian Cinema is going to restart its operations by starting the shootings. The theaters are likely to re-open from August. On the other side, no one knows if we are taking the right path in regards to the opening.

Meanwhile, there is shocking news from China. A new study from local film industry associations reveals that more than 40% of surveyed Chinese cinemas say they are “very likely to close” in the near future due to the impact of coronavirus. They conduct a survey of 187 theaters

42% of participating cinemas believe they are “very likely to close” in the near future. 10% would see an ownership change for survival. Theaters in China were shut down for 130 days now. They are going to re-open soon but it is too late for many theaters which are already headed towards bankruptcy.

If we extrapolate the survey to all the 69,800 cinema screens in operation in China, a 40% closure could, therefore, mean the loss of 5,000 venues and 27,920 screens.

Follow @mirchi9 for more User Comments
Ram Gopal Varma RGV 12 o CLOCK Movie-Don't MissAdult to Horror, Maverick Director's New MuseRam Gopal Varma has become the spinning mill coming out with back-to-back films as if...Bhanumathi-&-Ramakrishna-AHA-ReviewDon't MissBhanumathi & Ramakrishna Review- Simple Yet BeautifulBOTTOM LINE Simple Yet Beautiful OUR RATING 2.75/5 Runtime: 93 mins What Is the Film...47 Days ZEE5 Telugu Movie ReviewDon't Miss47 Days Review - Tests your Patience LevelsBOTTOM LINE Tests your Patience Levels OUR RATING 1.25/5 Runtime 1hr 44mins What Is the...Vundavalli Aruna KumarDon't MissTime to Kill 'Undavalli' Factor?Veteran Political Leader, Vundavalli Aruna Kumar who never hesitates to proclaim himself as a well-wisher...Allu Arjun's Smuggling Spot ChosenDon't MissAllu Arjun's Smuggling Spot ChosenAllu Arjun's fans are eagerly awaiting to know how and where the makers of 'Pushpa'...