Movie Stardom Shouldn’t Dictate Budgets: Karan Johar on Actors’ Astronomical Fees

Director and producer Karan Johar talks — yet again — about the issue of inflated star fees, and why it is hurting the Hindi film industry now, more than ever.

Anushka Halve
By Anushka Halve
LAST UPDATED: OCT 17, 2024, 11:25 IST|5 min read
Karan Johar

The year 2024 has been one of reckoning for the Hindi film industry, with fewer tentpole films than last year. While some films like Shaitaan revived box office collections, the all-women-led Crew entered the ₹100-crore club, and Stree 2 outperformed last year’s mammoth grosser Animal. However, there have also been many that have come and gone quietly, without making any significant earnings.

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Even though Dharma Productions is known to be one of the better paymasters in the business, director and producer Karan Johar has consistently sounded the alarm on the astronomical numbers stars are quoting as their fees. The cost of top-tier actors has only further complicated an already fragile market. At a recent roundtable with The Hollywood Reporter India, Johar doubled down on his earlier concerns, saying, “Hindi cinema is going through a massive situation. We must talk about it…Superstars are no longer a reason for a film to open in Hindi…I’ve been on 12 roundtables talking about how everybody has to look at their remuneration levels and they have to address this. I am saying it for the 55th time.”

“Thank you very much, I cannot pay you. Bye-bye.”


As a producer, Johar is acutely aware of these trends and has been candid about his company’s response to the evolving market. “We run a production house, and we’re looking at the numbers to understand what’s happening. Pre-pandemic, film and cricket were the two massive entertainment sources. Now, post-pandemic, people crave experiences — travel has increased, hospitality has boomed. The average family in India does the math. They used to watch six to eight films a year; now they watch fewer. It has to be a must-watch film for them to go,” he says


In a post-pandemic world where audience behaviour has shifted, and traditional models no longer apply, Johar’s pragmatic approach signals a new direction for Bollywood. He adds, “I am not paying anyone if their last few films haven’t performed. With what right are you asking me for this number? Recently, I produced a small film called Kill. It was a high-concept action film with a newcomer. Every star I approached asked for the same amount as the film’s budget, which was ₹40 crores. How can I pay you ₹40 crores when the budget is ₹40 crores? Are you guaranteeing me ₹120 crores at the box office? No? So, I cast a newcomer, and the film turned out great.”


The industry may well be on the cusp of a much-needed recalibration, as it grapples with evolving audience expectations and the changing economics of filmmaking. “We need to budget properly, break even, and make some money,” he says. “We have to make all kinds of films and rework the numbers. Movie stardom shouldn’t dictate budgets. What is movie stardom anyway? That’s what’s questionable today.”

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