Malayalam movie producers warn shutdown of shoots and screenings from June 1 over monetary losses

Producers warn of business shutdown

A NewsMinute report states that movie producer G Suresh Kumar introduced the choice on Thursday after a gathering with producer associations, exhibitors, distributors, and the Movie Staff Federation of Kerala (FEFKA). “Of the 200 movies that had been launched final 12 months, solely 24 ran efficiently. The loss confronted by producers of the remaining movies got here to 600 to 700 crore rupees,” he informed the press. He additionally acknowledged that talks with stars haven’t been profitable as they agreed to phrases throughout conferences, however issues haven’t modified. The producer additionally known as out OTT platforms for being solely in movies that do properly in theatres and setting costs accordingly.

The associations mentioned how remuneration charged by stars and technicians, aside from the leisure tax levied by the federal government, has put them in disaster. Representatives of the associations reportedly shared, “Manufacturing prices have elevated several-fold in the previous few years. Malayalam cinema can not maintain this. Artists’ remuneration is the most important concern, they usually don’t have any dedication to the business. The federal government can be of no assist. After the One Nation, One Tax scheme was launched, the leisure tax, along with the GST, now totals 30% of the gross.”

It has been introduced {that a} symbolic strike will probably be held earlier than the Secretariat in Thiruvananthapuram forward of the June 1 shutdown.

Malayalam movie business’s losses in 2024

IE reported final 12 months that the Kerala Movie Producers’ Affiliation launched a press release on the losses confronted by the Malayalam movie business. They confused the necessity to convey individuals again to the theatres in 2025.

Movies like Manjummel Boys, The Goat Life, Aavesham, Premalu, and ARM carried out properly, making over ₹100 crore this 12 months, changing into the business’s highest-grossers. Movies like Kishkinda Kaandam, Guruvayur Ambalanadayil and Varshangalkku Sesham introduced in over ₹75 crore.