Two days back, we claimed that Salman Khan refunded Rs. 32.50 crores to the distributors just after his latest film Tubelight flopped at the box office environment. Having said that, it has occur to gentle that the superstar would be refunding Rs. 33.50 crores to the several influenced parties.
The calculation was finished by Salman Khan’s father Salim Khan as very well as C.I distributor Aditya Chowksey and they arrived at a determine of Rs. 85 crores as losses [Rs. 70 crores loss in India and Rs. 15 crores loss in overseas – Middle East only] incurred by the distributors. That’s why the final decision was taken to refund about 40% of the losses incurred.
The disbursal of payment was finished as follows
Rs. 20 crores to several territorial distributors who bought the legal rights from NH Studioz.
Rs. 5 crores immediately to NH Studioz – they experienced obtained the all-India legal rights for reportedly Rs. 132 crores.
Rs. 7 crores to U.A.E/G.C.C distributor [since rest of the overseas was distributed by Yash Raj Films on a commission basis]
Rs. 1.5 crores to several exhibitors [approximately 700] who experienced booked the movie on minimum amount guarantee or on mounted employ the service of. The distributors have been requested to send out across the signed slip confirming the disbursal and receipt to these exhibitors.
Tubelight produced on June 23 and was anticipated to be a large blockbuster. Having said that, the film unsuccessful to impress the greater part of the viewers and finally, the film that was anticipated to cross Rs. 300 crore, settled at less than Rs. 120 crore.