Netflix Becomes a Headache for Theater Owners

Netflix Becomes a Headache for Theater Owners

Theaters in both the Telugu States are opening this weekend. Multiplexes will open but there are mixed opinions among the single screen theaters. Only the big properties in the Single Screen theaters are likely to open. Christopher Nolan’s Tenet is the first release in the theaters. 

Multiplexes have charted the film and the bookings are good. However, the exhibitors outside Big Cities are backing out from screening Tenet with Netflix Scheduling their (Free) StreamFest this very same Weekend. They feel the target audience may not come to the theaters. 

Moreover, Warner Bros Distribution affiliates have been demanding steep advances upfront which they can not risk in these uncertain times. Theaters are allowed to open with 50% occupancy. Solo Brathuke So Better will be the first big Telugu release on December 25th as Christmas Special.