Never miss a story

Get subscribed to our newsletter


×
Since theatres have closed, many people hope that major films will be released on OTT. Pixabay

“Sooryavanshi” has been postponed. The Akshay Kumar-Katrina Kaif starred cop action film, which was supposed to be Bollywood’s first mega release of the year on April 30, has been pushed, with no new release date announced. The reason, of course, is the current Covid situation in Maharashtra.

The buzz is the production houses backing the film — Reliance Entertainment, Dharma Productions, Rohit Shetty Picturez, and Cape of Good Films — were never keen on putting up “Sooryavanshi”, an extravagant Rohit Shetty entertainer, for a direct-to-OTT release. According to sources, the makers are now assessing the situation. They will make a formal announcement around April 10 if they plan to drop the film directly on OTT irrespective of whether it gets a theatrical release.


Follow NewsGram on Instagram to keep yourself updated.

“Team Sooryavanshi postponed the release of the film. The Honorable Chief Minister of Maharashtra, Mr. Uddhav Thackeray had a discussion with director Rohit Shetty yesterday. In the meeting, Mr. Uddhav Thackeray appreciated Rohit Shetty as he took the brave and difficult decision of postponing Sooryavanshi owing to the current COVID situation in the state,” a statement issued by the makers of the film on Monday evening reads.


“Sooryavanshi,” a cop action film starring Akshay Kumar and Katrina Kaif, has been postponed with no new release date scheduled. Wikimedia Commons

While Bollywood is in a tizzy over the current shutdown of the cinema business in Maharashtra, one of the most important markets for Hindi films, the fate of “Sooryavanshi” could have ramifications on film trade trends far beyond just the film. Being one of the most important Bollywood biggies of the year, the decision whether such a huge film goes directly to OTT could set the course for other films as far as future exhibition trends go (at least for now), in an industry that is quick to adapt herd mentality.

When cinemas opened up after last year’s lockdown, Bollywood was quick to announce a rich line-up of films, beginning March this year right up to the year-end. “Mumbai Saga”, among the first big commercial films to release in cinemas, fared below expectations, what with the public maintaining a cautious stance about visiting theatres. Still, the big films of big banners were undeterred and insisted they would go ahead with the release.

Among the most-hyped films whose release dates were confirmed over the next months were the Ranveer Singh-starrer cricket drama “83”, Salman Khan’s Eid 2021 release “Radhe”, Akshay Kumar’s “Bell Bottom” and “Prithviraj”, the Ayushmann Khurrana-starrer “Chandigarh Kare Aashiqui” and the period drama “Shamshera” starring Ranbir Kapoor and Sanjay Dutt.


Maharashtra has closed its theatres, which account for more than 40% of box office revenue. Pixabay

While no announcement has been made on any of the above films yet, the release of the first lot of films, which were to open over the next few weeks, was already postponed even before the Maharashtra government officially decided to shut down halls owing to the second wave of Covid. These include the Amitabh Bachchan-Emraan Hashmi starrer “Chehre”, the Rani Mukerji-Saif Ali Khan starrer “Bunty Aur Babli 2”, and Rana Daggubati’s “Haathi Mere Saathi”.

Now, rumors abound that makers of many of these films are weighing the option of direct-to-OTT release and that negotiations might be on with digital platforms.

The film trade, however, would prefer to stay optimistic at this point. Most trade experts would rather take a wait-and-watch stance.

“These are speculations, we need to wait for the official announcements. The theatres have shut down so people tend to believe that big films will release on OTT. But let’s not speculate. These filmmakers might postpone and release in the theatres,” trade analyst Taran Adarsh tells IANS.


Bollywood was swift to release a rich line-up of films as cinemas reopened after last year’s lockdown. Pixabay

Filmmaker Atul Mohan feels the situation right now is definitely uncertain.

“We might have official announcements in a few days. Whenever a project is delayed, 10 to 15 percent of the budget is lost. You need to restructure the schedules, get dates. Plus, you have to pay interest on the budget. For a 100-crore film, 15 to 20 crore worth interest is charged in a year,” he says.

Mohan adds: “Theatres have been shut in Maharashtra and these account for more than 40 percent of box office collections. It’s a huge market and cannot be ignored.”

ALSO READ: Why Isn’t Purple Color Used On Country Flags?

Film trade experts are unanimous in agreeing that, due to Covid, the film industry’s monetary suffering has only been worsening over the months since the first lockdown in March last year.

“In 2019, we made a profit of Rs 4,400 crore, but last year, in three months, we made only Rs 600 crore, and this year, we have made only Rs 55 crore. The profit was going up but now most of it has been lost. We lost Rs 3,500-4,000 crore in 2020. I don’t see movies making this kind of money in the near future,” says Mohan. (IANS/KB)


Popular

IANS

The Centre will launch a pilot project on the use of indigenously manufactured drones for delivering medicines in the undulating landscape of Jammu and surrounding areas from Saturday

The Centre will launch a pilot project on the use of indigenously manufactured drones for delivering medicines in the undulating landscape of Jammu and surrounding areas from Saturday with a focus on vaccines delivery initially. "This is going to be a pilot project for the area. The drone is developed and manufactured entirely by our scientists," Union Minister for Science & Technology, Dr Jitendra Singh told mediapersons. Singh said he himself will be launching the project at Jammu.

The drone is developed by the scientists at Bengaluru's National Aerospace Laboratories (NAL), a constituent of Council of Scientific and Industrial Research (CSIR), an autonomous Society that is headed by the Prime Minister. For now, the delivery would be limited to Covid vaccines and once successful, it would be expanded to be used for regular delivery of medicines in the remote, hilly areas.

drone flying in sky The drone is developed by the scientists at Bengaluru's National Aerospace Laboratories (NAL). | Photo by Jason Blackeye on Unsplash

Keep Reading Show less
IANS

According to him Amitabh Bachchan is a great actor in the industry.

Bollywood actor Abhishek Bachchan shares how he feels when people compare him with his father Amitabh Bachchan on the singing reality show 'Sa Re Ga Ma Pa'. He also requests contestant Rajshree Bag to sing a track 'Bahon Mein Chale Aao' featuring his mother Jaya Bachchan.

Abhishek said after looking at the performance of Rajshree, who is often compared with Lata Mangeshkar on the show, that she reminds him of being compared with his father. "Rajshree, whenever I have got the chance to watch the show, I've seen people compare you to Lata didi. It actually reminded me about how people compare me with my father and ask me how I feel about it."

According to him Amitabh Bachchan is a great actor in the industry and this is what he says to everyone making these comparisons. "My answer to them is that there's no greater actor in this film industry than Amitabh Bachchan and if I'm being compared to him, I am sure I must have done something good."

"Similarly, your voice has a different kind of magic like Lata ji and that's why people are comparing your voice with her. I feel you should always take this as a compliment," he concluded. 'Sa Re Ga Ma Pa' airs on Saturday and Sunday on Zee TV. (IANS/ MBI)


Keep Reading Show less
Photo by Aaron Burden on Unsplash

Winters in India have always beckoned for that hot, steaming bowl of tomato and pepper rasam or the mellow, millet based Raab.

By IANSlife

Winters in India have always beckoned for that hot, steaming bowl of tomato and pepper rasam or the mellow, millet based Raab. Certain dishes like sarson ka saag, undhiyu, nimona pulao are winter specialites in the country. Seasonal food has always been an Indian speciality -- we switch our choice in fruits, vegetables, sometimes even grains with the onset of different season. The preference of using specific ingredients during certain climates is visible in our sweets as well. It's common to find local and traditional delicacies made of jaggery, instead of sugar during the winters. Case in point -- the Nolen Gur Rasgulla, a speciality made in Odisha and West Bengal between November to February.

Sarson Ka Saag | Sarson ka saag is traditional Punjabi dish Certain dishes like sarson ka saag, undhiyu, nimona pulao are winter specialites in the country. | Flickr

Keep reading... Show less