'Akhil - The Power of Jua' has been declared as a disaster by the end of first Weekend as the Worldwide share is just Rs 16 crore in the first 5 days run. The full run share of 'Akhil' would be just around Rs 20 crore, whereas the theatrical business stood at a mammoth Rs 46 crore.
As per the new rules of AP Film Chamber, Its the Producer's responsibility to bear the losses if the margin is 50% & Above. So, Nithin & Sudhakar Reddy has no other option but to shell out anywhere around Rs 20 crore to Distributors & Exhibitors.
Insiders say, Akhil was paid Rs 7 crore as remuneration for his maiden project prior to the release. Now, The situation is such that Producers will be incurring huge losses even if Akhil returns his pay package as a goodwill gesture.
'Akhil' is a combination of Legacy, Star Director, Big Budget & Aggressive Promotions. Well, All that matters is how much a film has collected in its full run!
As per the new rules of AP Film Chamber, Its the Producer's responsibility to bear the losses if the margin is 50% & Above. So, Nithin & Sudhakar Reddy has no other option but to shell out anywhere around Rs 20 crore to Distributors & Exhibitors.
Insiders say, Akhil was paid Rs 7 crore as remuneration for his maiden project prior to the release. Now, The situation is such that Producers will be incurring huge losses even if Akhil returns his pay package as a goodwill gesture.
'Akhil' is a combination of Legacy, Star Director, Big Budget & Aggressive Promotions. Well, All that matters is how much a film has collected in its full run!