With ₹1000-crore loss and 223 flops, 2024 spelled one of the worst years for Tamil cinema
Jan 29, 2025 02:53 PM IST
Tamil cinema faced a disappointing 2024, with producers losing ₹1000 crore despite spending ₹3000 crore on 241 films.
Though Tamil cinema celebrated the success of several movies in 2024 like Amaran, Maharaja and Garudan, the year was, in fact, one of the most disappointing ones for the Tamil film industry. According to reports, nearly ₹3000 crore was spent by Tamil film producers in 2024 on making films but producers and distributors eventually ended up incurring an overall loss of around ₹1000 crore. Of the 241 films released last year, only about 18 films were successful at the box office meaning that 223 failed. Now, Kollywood is hoping that 2025 will be a better year and some are looking to recalibrate content while others are focusing on budgets. But what led to this humungous loss for producers in 2024? Was it the content, quality of films and/or audience fatigue that made the year a challenging one for filmmakers? ire Song: Suriya in a still from Kanguva. The film failed to impress at the box office.
Dominos fall
One of the major factors attributed to the ₹1000 crore loss by producers is the fact that numerous big budget films - with stars like Suriya, Kamala Haasan and Rajiniaknth no less - unexpectedly sank at the box office. Take Suriya’s much-hyped pan-Indian flick Kanguva for instance. Reportedly made on a budget of ₹350 crore, the film was extensively promoted across India with the producer KE Gnanavel Raja confident that the movie would post at least ₹1000 crore at the box office on release. Unfortunately, it bit the dust and Kanguva managed just to make just a shocking ₹106 crore. Director Shankar’s Indian 2 was said to have been made on a budget of ₹250 crore but it collected only around ₹150 crore at the box office. The audience rejected these films, as well as other big films like Rajinikanth’s Vettaiyan, sending Kollywood into a tizzy.
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