Agnyaathavaasi Team To Pay Rs. 45 Crores To Distributors!
Posted January 12, 2018, 12:41 pm at 12:41
‘Agnyaathavaasi’ movie released with the lone intention of giving Pawan Kalyan fans a memorable hit. As expected, Pawan Kalyan’s craze and fan following worked in generating record premier collections for the movie. The movie grossed a whopping $1.51M (premiers) at the US box office. The film’s theatrical rights fetched Rs. 95 crores in Telugu states alone, and Rs. 11 crores in Karnataka.
On release, the movie received mixed to poor reviews. Though Pawan’s acting was appreciated, critics took a different note when it came to the director. The distributors anticipated that Agnyaathavaasi will keep the cash registers ringing for over a week. But the movie turned out to be a disaster in terms of reviews.
Following this, many distributors are likely to face loss in crores. Realizing this, Power Star Pawan Kalyan has come forward to partially bear the losses by returning a major chunk of his revenue. If reports are to believed, Pawan Kalyan came forward to return Rs. 15 crores from his remuneration, taken for the film. Similarly, director Trivikram Srinivas will be returning Rs. 10 crores, and the producer Radha Krishna will be bearing up to Rs. 15 crores. In total, an amount of Rs. 45 crores will be channeled to distributors who are currently facing loses. Though this doesn’t cover the complete losses, it will at least keep them afloat.
Some More Interesting News: