💨 Abstract

The Kerala State Film Producers’ Association (KFPA) is defending its recent decision to publish monthly theatre collection reports for new movies, aiming to inform prospective investors about the industry's financial challenges. Director B Rakesh refuted claims that the move was to discourage investors or protect established producers' interests. KFPA cited high production costs, actor remunerations, and double taxation as issues contributing to the financial crisis. It stated that most films rely solely on local theatre collections.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖