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Will Top Stars Reduce Their Remuneration?
By: Tupaki Desk | 4 April 2020 2:29 PM GMT
The Corona pandemic has resulted in an economic crisis all over the World. Tollywood is no exception for Corona and already few producers are feeling the heat! The latest news doing rounds in Telugu Film Nagar is all about the cut in remuneration of the stars.
It is said that already the Producers Council is in talks with the big stars to reduce their pay cheques and thus help the producers. It is evident that producers get the money from financiers and banks with lot of interest. The RBI has already announced moratorium on loans taken and gave enough time for EMI's but that's not going to be of greater help to producers.
The reason is obvious, the major chunk in the film making budget goes to the actor's remuneration. If the star's like Pawan Kalyan, Mahesh Babu, Prabhas, Ram Charan, NTR, Allu Arjun and the likes decrease their amount to at least 25%-30% then only the crisis gets resolved as of now.
The Producers are now planning to hold meetings with the stars and production units to go for cost cutting measures so that in the future the Industry would be reliable yet again!
It is said that already the Producers Council is in talks with the big stars to reduce their pay cheques and thus help the producers. It is evident that producers get the money from financiers and banks with lot of interest. The RBI has already announced moratorium on loans taken and gave enough time for EMI's but that's not going to be of greater help to producers.
The reason is obvious, the major chunk in the film making budget goes to the actor's remuneration. If the star's like Pawan Kalyan, Mahesh Babu, Prabhas, Ram Charan, NTR, Allu Arjun and the likes decrease their amount to at least 25%-30% then only the crisis gets resolved as of now.
The Producers are now planning to hold meetings with the stars and production units to go for cost cutting measures so that in the future the Industry would be reliable yet again!
