After Bade Miyan Chote Miyan, Maidaan Box Office Debacle, Ticket Prices Slashed And Screens May Shut
The box office failure of Bade Miyan Chote Miyan and Maidaan , two high-profile festival releases from Bollywood, has had a cascading effect on the exhibition sector, say theatre owners impacted by the poor showing of the movies. Bade Miyan Chote Miyan and Maidaan , starring big stars like Akshay Kumar, Tiger Shroff and Ajay Devgn, respectively, were released during the festival of Eid, a traditionally good period for theatrical releases, but failed to live up to expectations. Bihar-based exhibitor Vishek Chauhan said the situation is “alarming” in the first and second quarters of the financial year. “An exhibitor earns money when a film runs houseful. Almost 90 per cent of the business is down. This year has been a complete washout. Exhibitors are in red. The cost of running a cinema hall daily comes to around Rs 30,000. To just break even, we need sales of Rs 1 lakh but currently, the sales are ranging from Rs 5,000 to Rs 15,000. So, you can imagine what the situation is like,” Vi...