Losses for the first two months are already over Rs 3,000 crore, the association said.
The media giant also retracted its full-year 2020 performance outlook.
The pandemic has affected the shooting of many films and affecting a lot of workers.
"It is proving to be of even greater importance considering the circumstances," says MTI Film CEO Larry Chernoff.
Noah Media Group, a specialist in feature-length sports documentaries, has acquired international sales rights to feature documentary “The Australian Dream,” about the Australian Football League star Adam Goodes. The deal excludes rights to Australia, Canada, the U.K. and airlines.
Hollywood's theater owners, film distribution executives, analysts and writers who pore over the numbers each week are reckoning with a full stop.
28% see no reason to stay away; 72% would exercise caution due to pandemic.
In an ambitious move to meet the ever-increasing demand for exemplary programming, Eros Now will soon layer the Eros Now base service with an extensive English-language content offering consisting of over 2000 hours of programming.
Riding the worldwide popularity of K-content, the streamer's new offerings span genres such as crime, sci-fi, romance, drama and reality.
The move has not sat easily with Contents Panda, the Korean sales company which had pre-sold the film to more than 30 overseas distributors.