Relying on top actors and blowing everything up... A production company drowning in debt!
A production company drowning in debt!
Chennai: In Tamil cinema, many actors, actresses and directors do not feel any harm if a film fails. But if a film fails, the only person who bears the loss is the producer. In Tamil cinema, there are many producers who have left their homes to live in the middle of nowhere. In the past few days, the grandson of a famous veteran actor has come to the point of losing his house because he is producing a film. In such a situation, a production company that made a film with top actors is now drowning in debt.
There was a lot of excitement when this production company entered Tamil cinema. They made a film with an actor who was a top actor at that time. As the film became a super duper hit, all the criticisms leveled against the production company turned into chaff. The production company has poured thousands of crores into Tamil cinema. At one time, when a film from this production company was released, other production companies would think of releasing their films. The reason was that the quality of the subjects from this production company was so high.
Loan: But in the last few years, none of the films produced by this production company have been doing well. Due to this, the production company kept falling down one after another. In such a situation, the production company decided to make films with big actors and big directors to compensate for their losses. Due to this, the production company took loans from many places worth hundreds of crores and produced films.
Interest: Even though some films were released on time, the collections of those films exceeded the production costs of those films. As a result, the production company did not make any profit from such films. At the same time, since films produced by big actors and big directors could not be released on time, the production company paid interest of several hundred crores on the loans taken.
Buildup: The company that produced the film, which had given a huge buildup to a few films, was in for a big blow. Due to this, the film crew is sinking into huge debt. Cinema circles say that all the films produced by the film crew in the last few years have been a hit at the box office. But the production company is now sinking into huge debt. They say they have big actors, they say they have directors, they say they have a huge fan base, but they are talking within the production company that none of their films are doing well.
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