Since the outbreak of the coronavirus community, public flow of people to public places has stopped. With the announcement of Lockdown in the country, movie theaters, malls and restaurants are closing. Many sectors have been stagnated by sudden resistance, but in a short span of time, the sectors have been in a state of disrepair. One of those is the film industry.
According to statistics, Malayalam cinema is losing crores. The Mohanlal film, which was produced at a cost of 100 crores, is all boxed up for releasing from the lion of the Marakkar-Arabian Sea. Various production controllers have told Dawn Online that it is impossible to say that films will ever get out of the Kovid Crisis.
The absence of holiday releases and festival dates has made the crisis even more difficult. According to available data, the loss of Malayalam cinema is estimated at Rs 300 crore due to the delay of Vishu and Easter releases. Many of the films that were running due to lockdown, including the Mammootty movie Shylock, have been withdrawn. There are films that have had to halve the filming.
After the shooting, there are films ready for release. There are 9 films in the box. The number of films in the post-production stage is 26. The shooting is halfway through and there are twenty films.
The loss is estimated to be over Rs 600 crore.