Coolie Breaks Record: ₹30 Crore MG Deal for North America Rights
Superstar Rajinikanth’s much-awaited action entertainer Coolie is creating massive buzz even before its release. In a major milestone, Prathyangira Cinemas has acquired the North America theatrical rights of the film for a staggering ₹30 crore Minimum Guarantee (MG)—the highest ever for a Tamil film in the region.
Coolie Surpasses Leo’s Record by a Huge Margin
With this deal, Coolie comfortably beats the previous record held by Leo, which was sold for ₹18 crore MG. The ₹12 crore jump highlights the unmatched overseas demand for Rajinikanth, especially across the US and Canada, where his popularity continues to soar.
What Is a Minimum Guarantee (MG)?
An MG deal involves the distributor paying the producer a fixed amount upfront. Whether the film performs or not, the producer is assured of this revenue. If the film surpasses the MG collection, profits are shared between the distributor and producer as per prior agreement.
Massive Global Demand
The excitement doesn’t stop in North America. The entire overseas theatrical rights have been sold to Hamsini Entertainment for a whopping ₹85 crore, reaffirming the film’s massive pre-release buzz and global reach.
Rajinikanth Joins Hands with Lokesh Kanagaraj
Coolie marks the first collaboration between Rajinikanth and hitmaker Lokesh Kanagaraj, known for blockbusters like Vikram and Kaithi. The director is expected to present Thalaivar in a rugged, powerful, and mass-loaded avatar, upping the anticipation levels among fans.
Break-Even Target
With a ₹30 crore MG in North America, the film will need to collect approximately $7.5 million at the box office to break even. Given the massive buzz and Rajinikanth’s global stardom, this target seems well within reach, according to trade experts.
Release Countdown Begins
With the film set for release on August 14, expectations are sky-high. Coolie is already rewriting records before its theatrical debut. Now, all eyes are on its box office storm, as Rajinikanth gears up for one of the biggest commercial spectacles of the year.