HomeNewsTrendsEntertainmentLosses mount as film-makers are forced to postpone big releases - yet again

Losses mount as film-makers are forced to postpone big releases - yet again

More than Rs 1,000 crore notional loss at the box office in January as release of RRR, Prithviraj, Jersey, Valimai, Radhe Shyam and Attack is postponed again; industry set to rebound from March.

January 16, 2022 / 19:43 IST
Story continues below Advertisement
Akshay Kumar and Manushi Chhillar in 'Prithviraj' which was slated for a January 21 release. (Image: screen grab)
Akshay Kumar and Manushi Chhillar in 'Prithviraj' which was slated for a January 21 release. (Image: screen grab)

This could well have been a game-changer month for Bollywood. Instead, it has turned out to be a damp squib, what with no show of new movies in theatres due to lockdowns and restrictions.

Just when one thought that the film industry will revive after the success of Sooryavanshi, Pushpa: The Rise and Spider-Man: No Way Home, the emergence of the Omicron variant and rising cases of infection have prolonged the wait for bumper business to return at the box office.

Story continues below Advertisement

While Jersey was pushed ahead from its 31 December release, RRR, Prithviraj, Valimai, Radhe Shyam and Attack were forced to change their plans as well. Had that situation not risen, January 2022 could well have been a trailblazing month for the industry with practically every week bringing a big film with the potential to set the box office on fire.

First and foremost, let's address whether audiences are interested in watching films on the big screen right now. Going by the back-to-back success of Sooryavanshi, Pushpa and Spider-Man: No Way Home, it seems that whether it’s a Hindi, Telugu or English film, there is an audience waiting to see them across all segments. Whether it’s at multiplexes or single screens, class or mass audience or genres, just about everything worked as a distinct case study during the last few weeks.