{"id":2761,"date":"2020-10-19T17:46:14","date_gmt":"2020-10-19T12:16:14","guid":{"rendered":"https:\/\/www.theleonews.com\/en\/?p=2761"},"modified":"2020-10-21T10:58:50","modified_gmt":"2020-10-21T05:28:50","slug":"big-budget-movies-releasing-in-theatres-are-not-making-money","status":"publish","type":"post","link":"https:\/\/www.theleonews.com\/en\/big-budget-movies-releasing-in-theatres-are-not-making-money\/","title":{"rendered":"Big budget movies releasing in theatres are not making money"},"content":{"rendered":"<p>COVID-19 has driven the global business into chaos and film industry is one such sector that had got affected the most. Cinema theatres in India have not opened yet and no one has a clue when they will be thrown open to public. Amidst this chaos, a big-budget Hollywood film \u2018TENET\u2019 directed by Christopher Nolan got released in only 50 percent of the countries across the global market. Even with big names associated with the project, the occupancy couldn\u2019t reach 60 percent of its projected footfalls.<\/p>\n<p>Theatres were sanitized, alternate seats were skipped to maintain physical distance, yet the audiences didn\u2019t show any interest. Nolan\u2019s previous film \u2018Dunkirk\u2019 was released in over 3700 theatres across America while the count dropped to 2000 for \u2018TENET\u2019 as the theatres were still closed in cities like LA and New York.<\/p>\n<p>Made with a lavish budget of 200 million USD, under normal circumstances the movie would have recovered its budget within a week of its theatrical run. Hollywood analysts are saying that the movie needs to collect 450 million USD to break even considering all its costs. \u2018TENET\u2019 is scheduled for release in other countries on September 4. Movie reviewers have given average reviews for the movie because Nolan has set the bar high with his previous films. As the collections haven\u2019t surpassed the 30million mark even after a week, analysts predict that the movie needs a long run of six to seven months to reach its breakeven point under these circumstances. The makers are scratching their heads over this scenario and are waiting with hope that it fares better in the remaining countries where it is scheduled to release.<\/p>\n<p>Studios around the globe are reviewing the case of \u2018TENET\u2019 and are trying to learn a lesson or two from it regarding budget controls and postponing releases. Let\u2019s see how our Tollywood responds to this and plans for the future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>COVID-19 has driven the global business into chaos and film industry is one such sector that had got affected the most. Cinema theatres in India have not opened yet and no one has a clue when they will be thrown open to public. Amidst this chaos, a big-budget Hollywood film \u2018TENET\u2019 directed by Christopher Nolan [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":3516,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[97,31,338],"tags":[265,14,597,381,598,599,78],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Big budget movies releasing in theatres are not making money - The Leo News | English News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theleonews.com\/en\/big-budget-movies-releasing-in-theatres-are-not-making-money\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Big budget movies releasing in theatres are not making money - The Leo News | English News\" \/>\n<meta property=\"og:description\" content=\"COVID-19 has driven the global business into chaos and film industry is one such sector that had got affected the most. Cinema theatres in India have not opened yet and no one has a clue when they will be thrown open to public. Amidst this chaos, a big-budget Hollywood film \u2018TENET\u2019 directed by Christopher Nolan [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.theleonews.com\/en\/big-budget-movies-releasing-in-theatres-are-not-making-money\/\" \/>\n<meta property=\"og:site_name\" content=\"The Leo News | English News\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-19T12:16:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-10-21T05:28:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.theleonews.com\/en\/wp-content\/uploads\/2020\/08\/tenet.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"375\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"TLN Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"TLN Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.theleonews.com\/en\/big-budget-movies-releasing-in-theatres-are-not-making-money\/\",\"url\":\"https:\/\/www.theleonews.com\/en\/big-budget-movies-releasing-in-theatres-are-not-making-money\/\",\"name\":\"Big budget movies releasing in theatres are not making money - The Leo News | English News\",\"isPartOf\":{\"@id\":\"https:\/\/www.theleonews.com\/en\/#website\"},\"datePublished\":\"2020-10-19T12:16:14+00:00\",\"dateModified\":\"2020-10-21T05:28:50+00:00\",\"author\":{\"@id\":\"https:\/\/www.theleonews.com\/en\/#\/schema\/person\/0b821f3437a1135691ff13e29c34338e\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.theleonews.com\/en\/big-budget-movies-releasing-in-theatres-are-not-making-money\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.theleonews.com\/en\/big-budget-movies-releasing-in-theatres-are-not-making-money\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.theleonews.com\/en\/big-budget-movies-releasing-in-theatres-are-not-making-money\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.theleonews.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Big budget movies releasing in theatres are not making money\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.theleonews.com\/en\/#website\",\"url\":\"https:\/\/www.theleonews.com\/en\/\",\"name\":\"The Leo News | English News\",\"description\":\"Andhra News | Telangana News | Tollywood\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.theleonews.com\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.theleonews.com\/en\/#\/schema\/person\/0b821f3437a1135691ff13e29c34338e\",\"name\":\"TLN Staff\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.theleonews.com\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9a34eaf7e04a92a9894bc30f163940c2?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9a34eaf7e04a92a9894bc30f163940c2?s=96&d=mm&r=g\",\"caption\":\"TLN Staff\"},\"url\":\"https:\/\/www.theleonews.com\/en\/author\/tlnstaff\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Big budget movies releasing in theatres are not making money - The Leo News | English News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.theleonews.com\/en\/big-budget-movies-releasing-in-theatres-are-not-making-money\/","og_locale":"en_US","og_type":"article","og_title":"Big budget movies releasing in theatres are not making money - The Leo News | English News","og_description":"COVID-19 has driven the global business into chaos and film industry is one such sector that had got affected the most. 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