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It is now a widely acknowledged fact that Bollywood is grappling with a severe crisis — both creatively and financially. Several filmmakers, producers, and artists have publicly addressed the industry’s ongoing struggles. Adding her voice to the growing chorus is actress Kalki Koechlin, who recently opened up about the dire state of affairs during an appearance on the podcast Aleena Dissects. Calling the current scenario nothing short of a “recession,” Kalki pulled no punches in her assessment.
“Recession ho raha hai… does everyone know that? There is a Bollywood recession, that’s why they are re-releasing everything. There is no content. Whatever they are making is not working… that’s why everything is stalled.” She emphasized that people within the industry are well aware of the downturn but feel powerless to reverse it.
The impact, she said, is not limited to one section of the industry, it spans from top-tier filmmakers to struggling actors. “From top to bottom I have spoken to people… and at the top, they are like, 7 films… crores of money being just spent and they can’t find a platform to release. And now there are smaller actors who haven’t had work in 2 years.” She also noted a growing sense of denial within the certain segments of the industry, suggesting that many are reluctant to admit the extent of the crisis.
When asked about the future of Bollywood and whether the film business can revive itself, Kalki offered a cautiously optimistic outlook: “It will change, it will adapt to the next thing. There was a time when circus was big, there was time when theatre was big. Those also got a renewed life when, say, people wanted suddenly live concerts… and there was a time when it disappeared, and now it’s picking. So things will keep changing, formats will keep changing. And people need stories, will need it, and it’s just in which format it comes, who knows.”
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