A blockbuster a month is the hero that Indian movie industry needs to get free of villain’s clutches

The PVR INOX mega merger awaits the shareholders’ nod next month to create the largest multiplex chain in the country, but more than that what the industry needs right now is perhaps at least one blockbuster a month to get back the audience, who irked by recent faulty story telling of particularly Hindi movies and high cost at theaters have chosen to stay put at home with quality content on OTTs.

“It is very important that every month one blockbuster is there. There are four weeks you would need to fill up in terms of occupancy at least upwards of 25%-30% for a very good number,” Abneesh Roy, Executive Director , Edelweiss Securities, told ET Now.