Industry Legend Foretells The Future Of Theaters

Industry Legend Foretells The Future Of Theaters There has been a lot of discussion about the future of Theaters with the advent of OTT and uncertainty due to the pandemic. has asked Telugu film industry Legend, Narayan Das Narang about what he thinks of the future of Theaters.

“I am in industry for 52 years now. Sudarshan 35 MM used to charge 5000 Rupees per week as Rent and now it is Five Lakh Rupees per week. Every two years, we have been hearing people say industry will get shut. Heroes who used to take 60K per film are having their sons charge 30 Crore now. The market will only increase,” he says.

“Show me another form of entertainment which is so affordable. Today ticket prices are like what we pay to a dose in a Udupi Tiffin Center. That affordability will ensure that industry will thrive. The market will increase further in the coming days,” he confidently said.

Narayan Das Narang is a financier for films of NTR and ANR. He is into film distribution and exhibition. He is one of the major players in both the sectors for many years. He is venturing into production with Naga Chaitanya‘s Love Story. The production has at least two dozen films lined up in the 3-4 years which include many star films as well.

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