Arbaaz Khan-Malaika Arora separate, request for privacy

New Delhi, Jul 11: The COVID-19 triggered restrictions on cinema exhibition industry have not only disheartened movie goers, but axed several thousand jobs and costed the industry an estimated ₹ 5,000 crore in revenue.

The sector has been one of the hardest hit due to COVID-19 pandemic and the subsequent restrictions implemented to curb its spread.

Presently, cinemas and multiplexes continue to remain in the list of prohibited activities under the Centre's Unlock 2.0 Guidelines.

In an interview to media persons, movie exhibition major Inox Leisure's Chief Executive Alok Tandon said, "The industry on an average collects about ₹ 1,000 crore a month of 'Box Office' and on an average generates about ₹ 500 crore a month of ancillary revenues."

"Keeping in mind that the lockdown has been effective for more than 100 days now, which is about 3.5 months, the cinema exhibition industry would have accumulated losses worth ₹ 5,000 crore so far."

According to Tandon, associated businesses such as pre and post-production, make-up artistes, graphics, film set fabrication, film crew, events, marketing, F&B services have all been impacted due to the restrictions.

"With the production and exhibition of movies coming to a halt, the industry was bound to witness some job losses," he said without divulging any estimates.

As per industry data, the multiplex industry in India employs more than 200,000 people directly and accounts for nearly 60 % of revenues of the film business.

On the way forward, Tandon elaborated that the industry expects to regain business momentum and sentiment post resumption of operations.

"We believe it will be a matter of a couple of blockbusters, and we will be back to our usual operational numbers," he said.

"We are rightfully relying on the unshakeable passion of the Indian movie lovers, who are yearning to step out and spend time enjoying the giant screen experience."

Furthermore, he cited that industry has sent representation to the Centre for immediate re-commencement of operations and a support package.

"We have requested for financial support in the form of salary subsidies during the lockdown period, interest-free loans for three years, exemptions from various taxes and duties, like 'GST, Show tax, LBETs and Property taxes' for a period of one year from the date of operations, waiver on electricity minimum demand charges for one year and auto renewal of licenses and permits for the next one year," he said.

"We have been talking to our mall developer partners and are working together with them to see through this phase."

However, even after re-commencement, the industry anticipates at least 3-6 months before things return anywhere close to normal.

"The cinema ecosystem is such that we will need all the aspects of the business to swing into action and fire together for us to see a resurgence, and we are highly optimistic about the same," he said.

In terms of global experience, Tandon pointed out that cinemas have started operating in more than 25 major countries, and some of those markets are witnessing a healthy response.

"India is a massive movie market and we are confident that the passionate and responsible movie lovers will turn up in huge numbers to enjoy their favourite form of entertainment and also follow the prevention guidelines at the same time, ensuring a safe and steady revival of the cinema exhibition sector," Tandon said.

The film exhibition industry in India is mainly comprised of single screen and multiplexes.

At present there are around 9,527 cinemas across the country, including 6,327 single and 3,200 multiplex screens.

New Delhi, Jun 26: At a time when the nation has still not come to terms with Sushant Singh Rajput's death, a shocking case of 16-year-old TikTok star SIya Kakkar has shocked everyone. The social media sensation committed suicide on June 25 at her residence in Delhi. The reason behind her death is still unknown and, as per the latest reports, the police investigation is underway.

The tragic news has made her fans extremely sad and, condolences are pouring in across social media. "16 Year Old Tik Tok Star Siya Kakkar Commits Suicide.She had all the fame, over 1M followers on Tik Tok, a lakh followers on Insta. I just can't understand what is happening with people? Why would a 16 year old commit suicide? It is getting worse day by day. Om Shanti", wrote a Twitter user.

Another tweeted, "#siyakakkarSuicides are increasing day by day we have to put efforts to stop it.Please try to understand other peoples help them if they are worry Give them space if they http://need.Love selflessly".

She had over 1.1 million followers on TikTok and 113k followers on Instagram.

Just 11 days back, actor Sushant Singh Rajput;s suicide case shocked the nation. On June 14, the actor was found hanging in the bedroom of his rented accommodation in the Mount Blanc building off Carter Road at Bandra.

 

 

 

 

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A post shared by Siya Kakkar (@siya_kakkar) on Jun 19, 2020 at 2:38am PDT

New Delhi, Feb 9: Senior Bharatiya Janata Party (BJP) leader LK Advani got emotional while watching the movie "Shikara: The Untold Story Of Kashmiri Pandits". It is a Hindi-language period film produced and directed by Vidhu Vinod Chopra, based on the exodus of Kashmiri Pandits from Kashmir.

In a video clip, the political veteran is seen trying to hold back his tears at the end of the film while Mr Chopra rushes to console him. Other people around them were also seen getting emotional and congratulating the filmmaker for the movie.

"Shikara" is about how Kashmiri Pandits were forced to flee from their houses in the Kashmir Valley in early 1990, in the wake of insurgency. The filmmaker said the film showcases how Kashmiri Pandits rebuilt their lives in the aftermath of the tragic event.

Featuring Aadil Khan and Sadia, Shikara released on February 7. Vidhu Vinod Chopra, who is from Kashmir, dedicates his movie to his mother, who died in 2007.