Box office duds cost Mollywood 700 crore in 2024
2 weeks, 3 days ago

Box office duds cost Mollywood 700 crore in 2024

New Indian Express  

KOCHI: From Bramayugam, a period folk horror in black and white, to Mohanlal’s directorial debut Barroz, besides remasters of old classics, Mollywood tried several experiments and innovations in 2024. As per the figures released by the association on Saturday, 199 new films and five remastered versions were released in theatres in 2024, totalling an investment of Rs 1,000 crore. “However, 26 films made a profit of Rs 300-350 crore, the rest suffered a loss of Rs 650-700 crore,” said B Rakesh, KFPA secretary. ‘Malayalam industry doesn’t need 200 films a year’ “The year proved that audience interests and behaviour cannot be gauged.

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