Mumbai’s Most Popular 1000-seat Theater Shut Down
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- June 28, 2024
- By Admin
- in India, Movies
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Bollywood is in a worse crisis than during the pandemic. Major movies like Bade Miyan Chote Miyan and Maidaan for Eid turned out to be huge disasters. Recent releases like Do Aur Do Pyaar and Love Sex Aur Dhokha 2 also didn’t do well. Looking ahead, there are no significant movie releases, not even mid-range ones.
This has forced some theaters to temporarily close, with others thinking of doing the same to avoid losses. The 1000-seater Galaxy, part of Mumbai’s G7 multiplex, owned by Manoj Desai, shut down on April 19, leaving them shocked. Reduced ticket prices and showtimes haven’t attracted audiences as expected. Some distributors are considering shutting down theaters to save on electricity bills since running them without content doesn’t make sense financially.