All about South Indian Movies news in the right perspective from a veteran film journalist
Wednesday, July 17, 2024
Trisha in Salman Khan film - Lyca Profits from Indian 2
Our Trisha trackers are excited as they heard that their idol is to feature in a Hindi film with Salman Khan and produced by Karan Johar’s Dharma Productions. Director is Vishnuvardhan. It was ten years back that she made her Hindi debut.
Our Trackers say that Lyca the main Producers of Indian 2 have only profited from the film’s business and to a certain extent, Red Giant has suffered a dent as the film in neighboring States did not do well and within Tamil Nadu, it had underperformed. Red Giant will face the same buyers in other States for Indian 3 and though the buyers need not be compensated for losses, the banner will have to make adjustments.
Lyca overseas biz seems to have exceedingly well and giving them much needed moolah. As per Comscore on number 1 is Despicable Me 4 and on 7th place is Indian 2 with total Worldwide collections at $13,658,696 and collections outside India at $11,690,000. USA weekend stood at $1969,696. Totally it amounted to Rs 114 crores. The India nett is at Rs 45 crores and rest has gone to Lyca.
Trade points out that if taking into the interest on capital and years that the amount was locked, this is not much. Red Giant that has funded both the versions has been able to take not much but then Rs 45 crores for 5 days is not bad for a film that got drubbed badly. With the OTT and TV rights, Red Giant loss might be not much. Part 3 will decide whether the account books of Red Giant will be on the plus.
Our Trackers say that Lyca the main Producers of Indian 2 have only profited from the film’s business and to a certain extent, Red Giant has suffered a dent as the film in neighboring States did not do well and within Tamil Nadu, it had underperformed. Red Giant will face the same buyers in other States for Indian 3 and though the buyers need not be compensated for losses, the banner will have to make adjustments.
Lyca overseas biz seems to have exceedingly well and giving them much needed moolah. As per Comscore on number 1 is Despicable Me 4 and on 7th place is Indian 2 with total Worldwide collections at $13,658,696 and collections outside India at $11,690,000. USA weekend stood at $1969,696. Totally it amounted to Rs 114 crores. The India nett is at Rs 45 crores and rest has gone to Lyca.
Trade points out that if taking into the interest on capital and years that the amount was locked, this is not much. Red Giant that has funded both the versions has been able to take not much but then Rs 45 crores for 5 days is not bad for a film that got drubbed badly. With the OTT and TV rights, Red Giant loss might be not much. Part 3 will decide whether the account books of Red Giant will be on the plus.
Labels:
Akshya Kumar,
Indian 2,
Lyca Productions,
red Giant,
Sarfira,
Sudha,
Suriya
India Chennai
Chennai, Tamil Nadu, India
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