Gulte News
The Telugu film industry, much like Bollywood, is grappling with a concerning trend – stars charging exorbitant fees that are not proportionate with their box office performance. This observation, made by renowned filmmaker Karan Johar for Bollywood, seems to hold true for the southern film territories as well.
Karan Johar recently stated that stars demanding ₹35 crores or more are often unable to deliver even a ₹3.5 crore opening on the first day of their film’s release. This stark reality is not limited to the Hindi film industry, as the Telugu market is also witnessing a similar phenomenon. Except for the biggest superstars, many Tier 2 and Tier 3 actors in the Telugu industry are charging fees upwards of ₹10 crores per film.
However, these inflated salaries are not translating into proportional box office returns. In fact, several films until the highly anticipated “Kalki 2898 AD” have struggled to even achieve a ₹10 crore gross opening, despite the stars’ hefty price tags. This disconnect between star fees and box office performance is a cause for concern, as it puts immense financial pressure on producers and distributors.
The industry is wrestling with the challenge of managing escalating costs while trying to deliver films that can resonate with the audience and generate the necessary returns. The situation is particularly dire for mid-range and smaller films, which often struggle to recover their investments due to the high costs associated with securing the services of popular actors.
While we have depended a lot on OTT rights these days, they are also getting toned down due to heavy competition and the availability of plenty of routine content in the market. This, in turn, has a ripple effect on the overall ecosystem, making it increasingly difficult for new talent and content-driven projects to find their footing. We have to see what happens.
Tags Karan Johar
