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Vinayak turns Saviour for Akhil Distributors
By: Tupaki Desk | 26 Nov 2015 4:19 AM GMT
'Akhil - The Power of Jua' is the biggest flop in VV Vinayak's career. Even though 'Yogi' & 'Badrinath' were also flops, They managed to get good shares and the loss margin is comparatively very less.
As a result, VV Vinayak decided to compensate the losses of few distributors who were associated with him since the very beginning of his career. Kranthi Pictures of Visakhapatnam incurred huge losses with 'Akhil'. So, The Director promised to pay back nearly Rs 1 crore for the Distributor. Similarly, He came forward to help Krishna District Distributor and few others who were unable to recover even 20 percent of investment.
In addition, Vinayak returned Rs 3 crore remuneration he received to the Producer taking moral responsibility for the disaster.
Producers of 'Akhil - The Power of Jua' need to pay around Rs 20 crore to the distributors as the film failed to recover at least 50 percent of the investment. Reports say even Akhil recovered some portion of his Rs 7 crore pay package to the Producer but there is no official confirmation until now.
As a result, VV Vinayak decided to compensate the losses of few distributors who were associated with him since the very beginning of his career. Kranthi Pictures of Visakhapatnam incurred huge losses with 'Akhil'. So, The Director promised to pay back nearly Rs 1 crore for the Distributor. Similarly, He came forward to help Krishna District Distributor and few others who were unable to recover even 20 percent of investment.
In addition, Vinayak returned Rs 3 crore remuneration he received to the Producer taking moral responsibility for the disaster.
Producers of 'Akhil - The Power of Jua' need to pay around Rs 20 crore to the distributors as the film failed to recover at least 50 percent of the investment. Reports say even Akhil recovered some portion of his Rs 7 crore pay package to the Producer but there is no official confirmation until now.
