Distributor who lost Rs 60 crore with Two Films!

Sat Aug 12 2017 10:39:20 GMT+0530 (IST)

Distributor Narendra Hirawat of NH Studioz incurred hefty losses with the Box Office failures of 'Tubelight' and ''Jab Harry Met Sejal'. He lost to the tune of Rs 60 crore by investing on these two projects.

Narendra Hirawat bought All-India Distribution Rights of 'Tubelight' expecting the film to set the cash registers ringing. He, however, ended up making huge losses. While there were reports of Salman Khan returning money to Distributors, Mr.Hirawat denies receiving any such compensation so far.

Salman's Father Salim Khan clarifies they were yet to compensate the loss but commitment given to the Distributors will be fulfilled. He says the delay is due to the calculations as lot of people are involved.

When quizzed if he received the same kind of assurance from makers of 'Jab Harry Met Sejal', Narendra Hirawat says he is hopeful that Shahrukh Khan will do the needful.

None of the Bollywood Star-Studded Films released post 'Baahubali 2' were successful. It's a matter of concern for the Hindi Film Industry!