In 2024, Malayalam cinema experienced a remarkable period in both theaters and OTT platforms, showcasing several high-quality films that achieved both critical acclaim and commercial success. Notably, the industry celebrated 11 blockbusters, including titles such as Manjummel Boys, Aavesham, Premalu, and Aadujeevitham, among others. However, recent reports from the Kerala Film Chamber indicate that the year was not as prosperous for the industry as it appeared, with Malayalam cinema reportedly incurring losses exceeding Rs 1000 crore.

Malayalam cinema suffers a Rs 1000 crore loss in 2024?

Reports indicate that Malayalam cinema experienced a financial setback exceeding Rs 1000 crore, even with 11 consecutive blockbusters at the box office. Although the industry generated substantial revenue of over Rs 1300 crore, it faced significant losses due to approximately 185 films not performing well commercially. As stated by Saji Nanthyatt, Secretary of the Kerala Film Chamber, only 22 out of the 207 Malayalam films released in 2024 were able to turn a profit.

Malayalam blockbusters of 2024

In 2024, several Malayalam films made a significant impact at the box office, including Manjummel Boys, Aavesham, Aadujeevitham, Premalu, Bramayugam, Varshangalkku Shesham, Guruvayoorambala Nadayil, Ajayante Randam Moshanam, Turbo, Vaazha, and Kishkindha Kaandam, all of which achieved blockbuster status. Among the films released during the Christmas season, Marco is anticipated to join the ranks of blockbusters. Notably, five films surpassed the Rs 100 crore milestone at the box office. Additionally, Abraham Ozler, Anweshippin Kandethum, Bougainvillea, Hello Mummy, Sookshmadarshini, and Pani also proved to be financially successful for their producers.

Read Also: Ranveer Singh and Deepika Padukone showed off their daughter Dua's face to the paparazzi during a private event.

HOW DID YOU LIKE THIS ARTICLE? CHOOSE YOUR EMOTICON!