When considering 2024, one may assume that the Malayalam film business did better than most, producing high-caliber films that attracted interest. But according to IE, a statement issued by the Kerala Film Producers’ Association presents an entirely different picture.
Vacuum created in earnings
Movies like Manjummel Boys, The Goat Life, Aavesham, Premalu, and ARM did well and earned over ₹100 crore this year, making them the highest-grossing films in the business. On the same trial, Varshangalkku Sesham, Guruvayur Ambalanadayil, and Kishkinda Kaandam earned more than ₹75 crore.
Only 26 of the 199 Malayalam films made this year, according to the association, were announced successful. Only ₹300 crore of the ₹1000 crore total production cost of these films was recovered, leaving a ₹700 crore loss. The unrecovered funds have been attributed to rising film production expenses and actor wages.
In addition, the producers’ association commented about the necessity of reviving movie theaters by 2025. In 2024, Mollywood experienced a lot of re-releases, and movies like Valiyettan, Devadoothan, and Manichitrathazhu found new audiences.
Mollywood’s biggest earners
Sacnilk claims that Manjummel Boys made ₹240.5 crore globally and ₹141.61 crore net in India. Aadujeevitham: The Goat Life made ₹157.35 crore globally and ₹85.01 crore in India. Mohanlal’s Barroz is fighting to survive at the box office as the year comes to a close, while Unni Mukundan’s Marco is still doing rather well.
Premalu made ₹131.18 crore globally and ₹75.37 crore in India, but Aavesham made ₹85.15 crore in India and ₹154.79 crore globally. ARM made ₹107.3 crore globally and ₹63.99 crore in India.
