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Malayalam Cinema Suffers Loss Of Over Rs 600 Crore, Confirms B Unnikrishnan!
The Malayalam cinema industry is going through a tough time after the all-India lockdown was imposed. Theatres in the entire country have been shut due to the Coronavirus threat, which has severely affected the functioning of the film industry. Recently, B Unnikrishnan, the popular filmmaker and Film Employees Federation of Kerala (FEFKA) Director's Union head revealed the present situation of Malayalam cinema.
According to Unnikrishnan, the industry is facing losses worth a whopping Rs 600 crore! Even after the lockdown ends, the Malayalam film industry is going to be the last priority in business for obvious reasons. In that case, both the public enterprises and banks might end up deciding not to back the projects, which are currently under the making.
Marakkar Arabikadalinte Simham, one of the most awaited upcoming projects of the Malayalam film industry is made on a budget of about Rs 100 crore. Malik, the Fahadh Faasil-Mahesh Narayanan project is made with a budget of Rs 22 crore. Antony Perumbavoor and Anto Joseph, the producers of these films, are going through a very tough time, as they have to pay the interest to the financiers.
Apart from the above-mentioned films, which we expected to release in the last week of March and the first week of April 2020, the Vishu releases and May 2020 releases are also in trouble. Some highly awaited films, including the Mammootty's One, Tovino Thomas starrer Kilometers And Kilometers, Asif Ali's Kunjeldho, Halal Love Story, Vaanku, Mohan Kumar Fans, King Fish, Anurgaheethan Antony, and so are awaiting the release.
When it comes to the films under production, the shooting of Mohanlal's Ram, Mammootty's The Priest, Suresh Gopi's Kaaval, Nivin Pauly's starrer Padavettu, Pranav Mohanlal-Vineeth Sreenivasan project Hridhayam, and so on have been stopped. The post-production works of Dulquer Salmaan's Kurup and Nivin Pauly's Thuramukham are expected to resume very soon.
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