Producer SKN Viral Tweet Sparks Debate on Film Industry Finances

Producer Skn has taken to Twitter to shed light on the harsh realities of film industry finances, revealing that producers receive only 17% of the ticket revenue, while multiplexes and booking platforms reap the majority of the profits. This tweet has sparked a heated debate, with many calling for greater transparency in the industry.

Skn's tweet came in response to criticism faced by producers over ticket price hikes and piracy. He clarified that producers are not responsible for the high prices of popcorn and other snacks at multiplexes, and that they receive no share of these profits. According to Skn, a family of four spending ₹2178 on movie tickets online, ₹1545.33 (70.95%) goes to multiplexes, while the producer receives only ₹372 (17.08%).

Skn shared a detailed breakdown of how the ₹2178 spent by a family of four is distributed among stakeholders. The multiplex takes home 70.95%, while the producer receives 17.08%. The government collects 8.36% in GST, and BookMyShow earns 3.61%. This stark disparity highlights the challenges faced by producers, who invest heavily in film production and bear the creative risk.

Skn's tweet has sparked a much needed conversation about the film industry's financial structure. Many have called for greater transparency and fairness in revenue distribution, arguing that producers deserve a larger share of the profits. As the debate rages on, it's clear that the film industry needs to re examine its financial model to ensure a more equitable distribution of revenue.