‘K-town faces 90 per cent loss due to strike’

With no new releases since March 1, ‘Tirupur’ Subramanian, a senior office-bearer of the distributors association said the industry had incurred a loss of 80-90 per cent.

“Let the strike continue. We are fine with it. We can shut down theatres and not pay electricity bills. What about the plight of producers who have borrowed money from banks? Can Vishal talk to banks? We have become used to not releasing films now,” he remarked. He went on to say, “When a Rajini film releases, it collects Rs 10 crore a day. When a Dhanush film releases, it makes Rs 4 to 5 crore a day. 

“We make at least Rs 1 crore on opening days of other movies. This means we have lost over Rs 75 to 100 crore since March 1 till today.” 

However, with speculation rife over the strike being called off on March 31, Vishal said, “We will decide on when the strike should end. We will fight till our demands are met. I don’t think we will resume work on April 1.”