Aamir Khan has not charged any fee for ‘Laal Singh Chaddha’, to shoulder losses of the film if any – Exclusive | Hindi Movie News

[ad_1]

The producers and distributors of Aamir Khan starrer ‘Laal Singh Chadda’ have rubbished reports about some distributors demanding compensation for the dismal performance of the film. While buzz suggested that distributors have incurred losses, but the makers have confirmed to ETimes that the scenario is completely different.

Ajit Andhare, CEO of Viacom 18, denied all rumours about compensation for losses and told ETimes, “There are no external distributers, its being distributed by V18Studios, and no money is lost in the first place. Film is still running in theaters both in India & internationally. This is baseless speculation.” Most of the big studios have their own distribution networks in most of the big cities and in smaller centres films are released to sub-distributors on commission basis. An exhibitor from North India said, “Most studios don’t sell their territories, it is always distributed directly. Even if we try asking for the rights, it is too expensive for us. And the reports of distributors asking for money in case of ‘Laal Singh Chaddha’ is baseless as the producers are only distributors of the film.”

Another source informed ETimes that Aamir Khan will bear the losses, if any for this film. “In the last ten years, Aamir Khan has not charged a single rupee as his fee, which also includes his latest, ‘Laal Singh Chaddha’. So if there is even a loss, it only falls on Aamir’s shoulders without affecting any of the other partners. However, all the production cost was borne by both studio and production house. ‘Laal Singh Chaddha’ will break-even via all non theatrical earnings itself. Also, one can only discuss the profit and loss of the project at a later stage as it is still running in theatres currently.”

A report also claimed that Aamir Khan was in huge shock due to the failure of ‘Laal Singh Chaddha’, but an industry insider informed us it is ‘not true’. At the end of its four-day extended weekend at the box office, ‘Laal Singh Chaddha’ has earned close to Rs 37.75 crore. The film has managed to stay ahead of ‘Raksha Bandhan’ at the box office, which had released on the same date.

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous post Chinese tech giants share details of their algorithms with regulators
Next post Rupali Ganguly wears the yellow saree gifted by Akshay Kumar on Raksha Bandhan; writes ‘I absolutely love the saree and it’s my favourite colour too’