Trump Tariff to cripple Tollywood
How Trump Tariff cripple Tollywood. US President Donald Trump has been slapping tariffs on virtually all of the nations and what got here as a shock is his 100% tariffs on movies made exterior US. Many say, it will cripple Tollywood.
Producer MS.Raju says “It is going to badly affect the revenues of Telugu movies however I have never studied your entire order,. I will undergo it. Nevertheless, prima facie it sounds alarming, “
He added “Massive stars like Prabhas, Allu Arjun, Ram Charan, Mahesh Babu, Jr NTR together with Chiranjeevi and Balakrishna have expanded their fan base. Massive films generate Rs 80 crore to 100 crores per movie and covers a superb chunk of Telugu movie budgets revamped 200, 300 crores and above. Even smaller movies make 8 to 10 crores so any rise in tariff will reduce down our revenues drastically which is able to go towards our curiosity” ,
He pointed “The charges have come down for many Telugu films and now, Trump new levy would push producers into mess. Sarcastically, the remunerations of stars, actresses and director have gone up, whereas recoverable choices are going out of hand, one after different and leaving a large margin between budgets and restoration
He concluded saying “Areas are demanded by scripts and never different means spherical. Possibly, we are able to make an handful so we hope Trump adminstration would rethink and provides some aid to Telugu films which is slowly profitable appreciation of US residents. Allow us to rely our revenues in US {dollars} that are any given day are 80 occasions greater than Indian rupee and different currencies”
