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Malayalam producers explain why they get just Rs 55 cr when a movie grosses Rs 150 cr: ‘There are payments…’

Renowned producers M Renjith and Listin Stephen opened up about the struggles faced by Malayalam cinema, revealing that producers receive only one-third of a movie's gross.

Renowned producers M Renjith and Listin Stephen opened up about the struggles faced by Malayalam cinema, revealing that producers receive only one-third of a movie's gross.Only Thudarum, Lokah Chapter 1: Chandra, and L2: Empuraan have managed to cross the Rs 100 crore mark in 2025.

Despite the fact that three of the top five highest-grossing Malayalam films of all time hit the screens this year, the regional industry’s overall performance thus far in 2025 has been nothing more than satisfactory. While 2024 saw six movies cross the Rs 100 crore mark, along with a few others coming close to the milestone, only three films released in 2025 — Lokah Chapter 1: Chandra, L2: Empuraan, and Thudarum — have managed to surpass it. The only other title to come even remotely close to the Rs 100 crore mark this year is Dies Irae, which has so far earned a worldwide gross of only Rs 82 crore, according to industry tracker Sacnilk.

As a result, although Lokah (Rs 303.67 crore), Empuraan (Rs 265.5 crore), and Thudarum (Rs 234.5 crore) rank at the first, second, and fourth spots, respectively, in the list of the highest-grossing Malayalam films of all time, 2025 cannot be dubbed a phenomenal year for the industry overall.

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Recently, renowned producers M Renjith and Listin Stephen opened up about the struggles faced by Malayalam cinema, revealing that only about 10 films bring in returns of Rs 10 crore or more for their producers each year. They also mentioned that producers receive only one-third of a movie’s gross and noted a steep decline in the number of films produced in Malayalam each year.

While taking part in a session at the second edition of Manorama Hortus along with Listin, M Renjith of Rejaputhra Visual Media, which bankrolled Mohanlal’s blockbuster Thudarum, said, “If a film makes Rs 150 crore, the producer gets around Rs 55 crore. Then there are payments to be made to the government, distributors and other stakeholders. It’s the gross collection figures that lead to Income Tax (I-T) raids. Now the officials have come to realise that total collection is not the actual profit.”

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Pointing out that the number of Malayalam movies dropped from 247 in 2023 to 229 in 2024, Renjith added that this number has fallen further and is likely to be around 200-210 this year.

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Opening up about the woes of producers, Listin Stephen of Magic Frames, known for bankrolling movies such as Ajayante Randam Moshanam (2024), Kaduva (2022), and Jana Gana Mana (2022), observed, “Since Covid, the remuneration of the artistes and the technicians has gone up. Now, satellite rights and OTT are two distinct aspects. This has affected returns. We decided to release actual collection figures to serve as reminder to those who take huge money as remuneration. Our intention was not to drive away new producers. Only 5 per cent producers rely on own fund to produce a film, rest of the fraternity avail loans, partnerships and other means to make a film.”

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