“Q4FY20 is turning out to be one of the worst quarter

August 9, 2020 by JonDod  
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canada goose clearance The earlier franchises Baaghi (2016) and Baaghi 2 (2018) had earned Rs 76 crore and Rs 161 crore, respectively.He added that Taapsee starrer Thappad,which has got reasonable response in terms of content, has also reported a decline in collection on weekdays, which too are signs of footfall getting impacted due to the virus.”The weekend performance of Baaghi 3 will be a key deciding factor for other large releases getting postponed. Global releases like James Bond film No Time to Die has been postponed from April already. There is a higher likelihood that Hindi films too will follow suit,” said Taurani.He further said if multiple large releases get postponed, it will impact their collection even at a later period as this will result into multiple large movies clashing at the box office due to a relatively packed pipeline until December this year.”Clash of large movies in our view impacts box office opening weekend negatively by almost 15 percent to 20 percent as compared to a solo release due to a fight over screens,” he added.Taurani is also of the view that regional industry will follow suit if Hindi movies are postponed and this may effectively create a shutdown like situation for cinemas as smaller movies, if continue to release will not be able to make up for the losses.”Q4FY20 is turning out to be one of the worst quarter since last two years as Hindi box office is slated to grow mere 1 percent YoY to Rs 1,195 crore due to a below par performance by recent releases like Shubh Mangal Zyada Savdhaan and Bhoot,” he said.A flattish box office revenue growth is expected for Q4FY20.”The number in Q4FY20 will further face a downward revision if other releases like Angrezi Medium and Sooryavanshi were to get postponed,” he added.First Published on Mar 6, 2020 02:37 pmtags EntertainmentPortfolio Markets Watchlist Live TV Show Currencies Commodities Fixed Income Personal Finance Mutual Fund Stock Market India IPO Global MarketStock Screener Budget 2020 BSE Sensex Forum News canada goose clearance.

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