Telangana Theaters Close as Box Office Slumps..

With no Telugu or Hindi blockbusters slated for release this summer, single-screen theatres across Telangana have decided to shut down for 10 days. The managements of these theatres have decided to stop screening the movies from Friday to mitigate financial losses. Vijayender Reddy, President of the Fim Exhibitors Association, said there has been a significant decline in audience turnout. The occupancy in theatres has come down this season because of the absence of any big-budget movies. Easy availability of content …