There's no information yet on whether Vijay''s 'Master' will be pushed but several other films have decided to postpone their release dates.
"In light of the complete shutdown of all production-related activity for the foreseeable future due to the COVID-19 outbreak, there is bound to be a significant impact on the lives and livelihoods of daily wage earners in the industry," said the President of The Producers Guild of India, Siddharth Roy Kapur.
Producers of March 13 releases in Tamil, Telugu, Kannada, and Malayalam will face 70 to 80% loss due to the sudden closure of theaters. Together, the producers of these films will face 70 to 80 crores loss.
The suspension of shooting of films and TV shows should have been immediate, but because of the pressure under which all the daily soaps operate, I guess they decided to give a 3-day leeway to create some sort of a bank of episodes.
The first time we are seeing something like this where the world has come to a standstill.
His appointment will help grow the company's business in the M&E sector
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The Indian Motion Pictures Producers Association will analyse the situation in the country after March 31.
An historic shift into reverse gear for the Chinese economy could be one of the next consequences flowing from the spread of the novel coronavirus. That prospect threw Asian stock markets into reverse on Monday, despite economic stimulus measures in the U.S.
The Hollywood Reporter visits L.A. multiplexes amid the coronavirus outbreak as Hollywood faces billions in losses at the box office.