
Ram Charan is currently the biggest hope for the Telugu exhibition sector. The recent theatrical releases in April completely failed to perform at the box office, leaving a massive dent in the revenues of single-screen theaters across Telangana and Andhra Pradesh.
Adding to the misery, the upcoming summer releases scheduled for May from Telugu cinema are not giving much confidence to distributors and exhibitors. With no major crowd-pullers in sight and mounting daily maintenance costs, running empty shows has become a heavy financial burden for theater owners.
To minimize these ongoing losses, numerous theater managements have taken the drastic step to temporarily shut down their operations. Distributors and exhibitors have mutually decided to keep the shutters closed during this dry spell until a guaranteed blockbuster arrives to save the day.
The entire trade is now eagerly waiting for Ram Charan's pan-Indian rural sports drama, Peddi, which is slated for a grand release on June 4. The massive hype surrounding this Buchi Babu Sana directorial is expected to act as a major lifeline, effortlessly pulling massive crowds back to the big screens.
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