Double Loss For NTR Kathanayakudu?
The first part of a prestigious biopic of NTR titled Kathanayakudu has a disastrous extended week with a distributor share of 17 Cr. Theatrical rights of the film are valued for 71 Cr and it will be incurring a huge 50 cr loss which is third biggest after Agnyaathavaasi & Spyder.
The film is an outright failure in each and every territory including overseas where it will wrap up around 900k USD against breakeven of 2.1 Million.
The film has collected around Rs. 13 crore share in Andhra and Telangana and worldwide is around Rs. 17 crores.
The film's overall business will be below Rs. 20 crore as the holiday period is over. What's surprising is that the film's poor performance in spite of weak opposition.
The film's co-producer Sai Korrapati who also bought the film's theatrical rights in Vizag, Ceded, Krishna and Karnataka areas are one among the distributors who are worried about the recovery.
The combo NBK-Krish have given a nearly 50cr share in form of GPSK last year and 50cr loss in the form of NTR Kathanayakudu this year.
Except for F2, there is not any successful film in the market currently. However, NTR did not act in spite of good reviews and positive word of mouth.
Nizam – 3.75 Cr
Ceded - 2.20 Cr
Uttarandhra – 1.39 Cr
East – 0.76 Cr
West – 1.20 Cr
Guntur – 2.81 Cr
Krishna – 1.20 Cr
Nellore – 0.80 Cr