Trouble in Tollywood: Telugu producers mull halting movie shoots from Aug 1

Source From: ENT 2022-07-27 09:53:33

Just when Telugu films were making waves by breaking one record after another, trouble seems to be brewing in Tollywood.

The Active Telugu Film Producers Guild (ATFPG) has decided to halt film shoots from August 1 till the industry is able to resolve issues such as star fees and cinema ticket prices.

The move has serious business implications because, as Elara Capital's Kamal Taurani notes, Telugu cinema brings 12-15 per cent to the national box office kitty and the two Telugu states -- Andhra Pradesh and Telangana -- contribute 3 per cent and 21 per cent, respectively, to the revenues of the major multiplexes, notably PVR and INOX.

Additionally, regional dubbed films, as established by the success of 'Pushpa', 'RRR' and 'KGF: Chapter 2', going forward, are expected to contribute 15-20 per cent of the Hindi film industry's box-office revenues. In the first quarter of FY 2022-23, they contributed up to 55 per cent of the Hindi industry earnings, according to Taurani.