Every other week, a Tamil lm fails to make it to screens on time. The most recent being Kalavani 2, which ran into a financial dispute. Before it, Vijay Sethupathi’s latest, Sindhubaadh, was mired in a similar financial quagmire, delaying the lm’s release. A 1,000 crore industry facing such a crisis does not augur well for aspiring lmmakers and the audience. While there is a perception that the Goods and Services Tax and lack of recognition of the film industry by formal financial organisations are behind the crisis, industry insiders suggest that the problems are more fundamental — to do with financial indiscipline, opaque transactions and box-office reports, irrational star salaries and a failure to keep a leash on projects. The major stakeholders of the industry — financiers, stars and technicians, producers, distributors and theatre owners — are at loggerheads, creating a circle of distrust. The result is that films, already fraught with uncertainty, are hit hard.
With the film industry going through a protracted rough patch, the actors, filmmak ers and producers are locked in a sort of a blame game.
Producers claim the salar ies paid to actors and techni cians are ‘too high and irra tional’ and that they are often taken unawares by the ballooning budgets, delayed production schedules and lack of nancial discipline.
While producers and actors / technicians, who take home a substantial package, are at log gerheads with each other, everybody realises the need to make the industry more producer friendly.
Up and coming star Vishnu Vishal, who delivered a ma jor hit, Ratsasan, in 2018 and a few other critically acclaimed box oce successes, says that the industry is facing a crisis on account of the exponential increase in the number of re leases, costlier tickets after implementation of GST, hypercritical audiences in the age of social media, and an unorganised film trade.
Problem of plenty
Esta historia es de la edición July 07, 2019 de The Hindu.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición July 07, 2019 de The Hindu.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
‘Olympics Cancellation Likely If Vaccine Not Found In Time'
Further delays impossible, says Tokyo Games organising panel chief Mori
It's Wholesale Only At Koyambedu Market
Retail outlets to remain shut to bring down crowding.
Ministry Does U-Turn On Plasma Therapy
Treatment not proven: Health official
Trump's Bleach Statements Echo Claims By Pseudo-Scientists
‘Miracle cure’ quacks have long promoted industrial bleach to treat autism, malaria and many other medical conditions
U.S. May Seek Damages From China
President says many options on the table to hold Beijing accountable, draws an angry response
Koyambedu Market May Be Shifted Out
Decision likely at today's meeting of stakeholders; aim is to enforce physical distancing
Massive Spike Of 522 Cases In Maharashtra
On Monday, cumulative tally surged to 8,590 positive cases with 27 more deaths
The Script Of Disruption And A New Order
Across the globe, the geopolitical and geo-economic fallout of the COVID-19 pandemic could be serious
A Policy Road Map To Tackle Covid-19
The interest of each and the interests of all now coincide, not only within nations but for all humanity
ICMR Says No Payment Made For Chinese Test Kits Supplies
Alleged profiteering by distributors supplying the kits