New Delhi, May 19 -- The Telugu film industry's future hangs in the balance as theatres across Andhra Pradesh and Telangana brace for a potential shutdown starting June 1. If exhibitors and producers fail to find common ground, single-screen cinemas may shut shop, putting summer blockbusters and the industry revenues on the chopping block.
According to a report by the Cinema Express, nearly 60 exhibitors met with prominent Telugu film producers, including Dil Raju and Suresh Babu, in Hyderabad recently, to address long-standing grievances about the current rental-based revenue system.
The exhibitors are pushing for a shift to a percentage-based model, arguing it would offer a fairer share of box office earnings.
During the meeting in H...
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