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With the coronavirus pandemic taking a heavy toll on the cinema business, many filmmakers have decided to take their projects to video streaming platforms, instead of waiting for a theatrical release.
While Shoojit Sircar’s Gulabo Sitabo starring Ayushmann Khurrana and Amitabh Bachchan has been acquired by Amazon Prime Video for streaming, Akshay Kumar’s horror-comedy Laxxmi Bomb is all set to stream on Disney+ Hotstar.
According to a report in Livemint, other films which are also most likely to premiere on OTT platforms are Vidya Balan-starrer Shakuntala Devi, Karan Johar’s Gunjan Saxena-The Kargil Girl featuring Jahnvi Kapoor, Amitabh Bachchan’s, Jhund and Chehre, and Anurag Basu-directed Ludo starring Abhishek Bachchan, Aditya Roy Kapur, Sanya Malhotra and Fatima Sana Sheikh. T-Series too, is reportedly in talks with Netflix for a digital release of its films like Indoo Ki Jawani starring Kiara Advani and Chhalaan.
The films which are eyeing a digital release, belong to the upper-mid range of films, according to a Bollywood producer.
Bollywood has so far stuck to an eight-week window between the theatrical and digital release, which also helped OTT platforms pick up films after seeing a theatrical validation. However, the same won’t be applicable anymore. These platforms are ready to acquire good content for audiences sitting at home.
Hence, a film like Gulabo Sitabo which would normally sell for ₹20-25 crore to a digital platform post-theatrical release, is now in a position to command more, possibly in excess of ₹30 crore.
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