Coronavirus Effect On Box Office First Quarter of 2020 Around 200 Crores Loss

The year 2020 started with great enthusiasm and enthusiasm, but by the end of the first quarter, the condition of the film industry has gone down. Corona virus has broken the box office. If everything went well, the box office picture would have been something else in the first quarter. The performance of films at the box office was already disappointing in the first quarter of 2020 as compared to 2019, when Corona broke down. Compared to the first quarter of last year, earnings in this quarter have gone down by about 200 crores.

Even before the end of the first quarter of 2020, there was a knockout of the corona virus in the country, which affected the entertainment industry like other businesses. The release of several films, including Akshay Kumar’s Suryavanshi, which was to be released on March 24, was postponed due to the closure of theaters till March 31 in many states across the country.

In such a situation, the English medium released on March 13 can be considered as the last big release of the month of March. More than 2 dozen films have been released from January to March, but 13 films have been notable which left their impact at the box office. These films were in the news due to their star and production value. These 13 films have done business at more than 800 crores box office, while in the same period in 2019, almost the same films collected around 1000 crores.

If you look at the top 10 movies of the first quarter, the list is made as follows-

  • Tanaji – The Unsung Warrior – 10 March – 280 crores
  • Rebel 3- March 6 – 96.87 crore
  • Street Dancer 3D – 24 January – 75 Crore
  • Shubh Mangal more careful – 21 February – 62.50 crores
  • Malang – 7 February – 59 crores
  • Love Aaj Kal – 14 February – 36.50 crores
  • Print – 10 January – 32.48 crores
  • Slap – 28 February – 32 crores
  • Panga – January 24 – 28.92 Crore
  • Youth Lived – 31 January – 28.50 crores

(These figures are taken from trade sources. Manufacturers’ data may vary)

The closure of theaters had the worst impact on Baghi 3, Slap and English Medium.

The second quarter of 2020 has started, but there is no hope of relief. Due to the lockdown, the entire country is in a way closed till 14 April. Even after the lockdown is removed, the fear of the corona virus will continue, due to which people will be afraid to accumulate in theaters. That is why the producers have decided not to release April films as a precaution. In April, the release of big film like Ranveer Singh’s 83 has been postponed. The situation is likely to improve a bit from May. Films like Salman Khan’s Radhey and Akshay Kumar’s Laxmi Bomb are going to be released in the second quarter.

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