Strike threat looms over Bollywood's festival season
MUMBAI (Reuters) - More than 500 single-screen cinemas in Maharashtra are expected to go on strike next month to protest entertainment taxes in the state, threatening box-office revenues as Bollywood readies for the festival season.
"We are going on strike during the festival period so that no one can accuse us of not being serious," R.R. Vidhani, president of Cinema Owners and Exhibitors Association India (COEAI), told Reuters. "We will lose business but the government will also lose business. They should understand that."
The owners of single-screen cinemas are also demanding ‘user change' permissions that would allow them to shut loss-making cinemas and use the land for other activities.
"This means that if a single screen shuts down, it cannot be utilised for any other purpose," said Vidhani. "If my father was a doctor and ran a clinic, why should I also be forced to run the same?"
The indefinite strike is expected to begin on October 12 and threatens the box-office collections of films releasing in the Oct-Dec quarter -- with a series of festivals and holidays such as Diwali and Christmas.
"Aiyyaa", starring Rani Mukerji, opens on cinemas the same day, with Prakash Jha's "Chakravyuh" and Karan Johar's "Student of the Year" releasing later in October.
Trade analyst Vajir Singh said the strike, if carried out, would affect revenues significantly.
"Single-plexes hold a major share, around 20-30 percent of revenue," he said.
(Reporting by Shilpa Jamkhandikar; Editing by Tony Tharakan)
- Tweet this
- Share this
- Digg this
- Govt considers ban on e-cigarettes, sale of single smokes
- India's fiscal deficit in H1 almost 83 pct of full-year target
- Islamic State fighters kill 220 Iraqis from tribe that opposed them
- Sensex surges 500 points on BOJ easing, L&T gains
- PRECIOUS-Gold, silver tumble to four-year lows as dollar rallies
Kalki Koechlin is one of the few Bollywood actresses in recent years to build her star power while proving her talent in indie and mainstream cinema. Koechlin, 30, who was born in India to French parents, spoke to Reuters about her role as a disabled girl in "Margarita, With a Straw" and spending two months in a wheelchair for the part. Full Article