Malayalam cinema has misplaced Rs 700 crore this 12 months

Malayalam cinema has lost Rs 700 crore this year

Thiruvananthapuram,

In keeping with the Kerala Movie Producers Affiliation, the Kerala cinema trade has confronted a lack of Rs 650 to Rs 700 crore in 2024 alone.

In a press launch issued on this regard, ‘204 movies together with 5 re-releases have been launched in Malayalam cinema this 12 months. About Rs.1,000 crore was spent on this. Out of which solely 26 movies have been effectively acquired by the viewers and we acquired a revenue of solely Rs 350 crore, whereas we incurred a lack of Rs 650 to Rs 700 crore.

We actors usually requested to cut back their wage however they didn’t need it. If this continues, the movie trade will face an enormous loss,” it mentioned.