Malayalam movie trade suffers ₹700 crore loss in 2024 regardless of success with Manjummel Boys, The Goat Life, Aavesham

Malayalam movie trade suffers ₹700 crore loss in 2024 regardless of success with Manjummel Boys, The Goat Life, Aavesham

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Dec 29, 2024 08:52 PM IST

The Malayalam movie trade produced some good movies however the Kerala Movie Producers Affiliation introduced that solely 26 movies had been profitable out of 199.

Wanting again at 2024, one may consider that the Malayalam movie trade fared higher than most, churning out good movies that garnered consideration. Nonetheless, IE reviews that the Kerala Movie Producers’ Affiliation launched an announcement that paints a very completely different image. (Additionally Learn: HT Rewind 2024: South movies past Pushpa 2, Maharaja, Bhairathi Ranagal, Manjummel Boys that grabbed eyeballs)

A nonetheless from Malayalam movie trade’s highest grosser in 2024, Manjummel Boys.

Mollywood in 700 crore loss

Movies like Manjummel Boys, The Goat Life, Aavesham, Premalu, and ARM carried out nicely, making over 100 crore this yr, turning into the trade’s highest-grossers. Movies like Kishkinda Kaandam, Guruvayur Ambalanadayil and Varshangalkku Sesham introduced in over 75 crore.

Nonetheless, the affiliation reportedly revealed that solely 26 of the 199 Malayalam movies produced this yr had been profitable. With the overall manufacturing value of those movies hitting 1000 crore, solely 300 crore was recovered, leading to a 700 crore loss. Growing manufacturing prices of movies and actors’ salaries have been identified as the rationale for unrecovered cash.

The producers’ affiliation additionally wrote about the necessity to deliver individuals again to the theatres in 2025. Mollywood noticed quite a few re-releases in 2024, with movies like Manichitrathazhu, Devadoothan, and Valiyettan discovering a brand new viewers. Because the yr ends, Unni Mukundan’s Marco continues to fare decently on the field workplace as Mohanlal’s Barroz struggles to remain afloat.

Mollywood’s highest-grossers in 2024

In response to Sacnilk, Manjummel Boys earned 141.61 crore web in India and 240.5 crore worldwide. Aadujeevitham – The Goat Life introduced 85.01 crore in India and 157.35 crore worldwide.

Aavesham earned 85.15 crore in India and 154.79 crore worldwide, whereas Premalu collected 75.37 crore in India and 131.18 crore worldwide. ARM earned 63.99 crore in India and 107.three crore worldwide.

On condition that the Malayalam movie trade has some key movies deliberate for subsequent yr starring Mohanlal and Mammootty, it stays to be seen how they’ll fare.

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