(This entry was first posted in this blog a few days ago. However, for technical problems, it got deleted and I am reposting it today).
Indian film industry is one of the largest and most profitable movie industries in the world. Still, the industry does not make as much as Hollywood due to lower price of movie tickets. According to KPMG, the current size of the movie industry is estimated about $2.2 billion and is expected to grow by more than 9% every year in the next five years. In the last couple of years, Indian cities saw the rise of multiplex theatres which increased the revenue of the movie industry and also gave a big boost to small movie producers in
Due to the stand-off, release dates of many movies have been pushed forward. This would prove harmful for small movies.