India-Forums

   

Rajnikant to compensate Rs.100 mn to 'Kuselan' distributors

Chennai, Aug 18 Tamil superstar Rajnikant has reportedly promised Rs.100 million compensation to distributors of his box office flop 'Kuselan' even as exhibitors raised the banner of revolt against him Monday after losing a lot of money.

Monday, August 18, 2008 | 11:15:13 PM IST (+05:30 GMT)
 0 Comments | 657 Views | Copyright: IANS

Chennai, Aug 18 (IANS) Tamil superstar Rajnikant has reportedly promised Rs.100 million compensation to distributors of his box office flop 'Kuselan' even as exhibitors raised the banner of revolt against him Monday after losing a lot of money.

'Over 375 cinemas have lost heavily due to the film being a disaster at the turnstiles. We have announced a movement for non-cooperation against 'Kuselan' producers K. Balachander and Seven Arts International and are meeting on Aug 23 to chalk out our plans with regard to Rajnikant,' S. Palaniappan, head of a distributors' body, told reporters Monday evening.

'The loss will cross over Rs.250 million in the short term unless adequate remedial measures are initiated by the actor, who has immensely benefited out of our labours in the past. We were taken for a ride by the producers who claimed it was a full length Rajnikant film, which it was not,' Palaniappan added.

Meanwhile, a spokesman for the distribution company Pyramid Saimira, which is showing the film across Tamil Nadu and Andhra Pradesh, said the movie had so far collected Rs.210 million since its release Aug 1. He expressed confidence about 'Kuselan' covering the costs of Rs.600 million before being taken off theatres.

Saimira however, was noncommittal about accepting the compensation and did not react to the allegations made by the other distributors and exhibitors.

Sources close to Rajnikant told IANS late evening that the thespian's 'fabled munificence will ensure none would be out of pocket'.

While the star did not charge any fee from the Tamil producer and his mentor K. Balachander, the Telugu version's producers had paid Rajnikant a fee of Rs.100 million.

The movie icon had Friday recommended several cuts to improve the collections of the movie.

The matinee idol had underwritten the losses of his earlier flop 'Baba' (2005) to the tune of over Rs.250 million and helped distributors and exhibitors stage a smart recovery through his subsequent release 'Chandramukhi' (2005) which created box office history.

'Chandramukhi' ran for 800 days consecutively in Shanti Cinema, owned by the company that produced the film in the heart of the city - breaking the 64-year-old record created by 'Haridas' (1944).


User Rating Rating(1 Votes)
monikaseth

Share this News on your Social Network.

User Comments & Ratings

Join India Forums for free to comment on this story. Have an account already? Use Quick Login to comment.
Dear Readers,
  • Please do not use derogatory comments in reply to the stories published on Bollywood, India-Forums.
  • The credibility of the site matter to us, and the comments in bad taste tend to invariably hurt the actors/production house/channel etc.
  • So kindly, refrain from creating an unhealthy atmosphere for all, and keep your comments constructive.
  • Also, please use the Rate It button if you want to just thank the author for posting the story.

RELATED CELEBRITIES

  • Page 1 of 1

Bollywood Hot N' Happening Articles Index

Disclaimer: All Logos and Pictures of various Channels, Shows, Artistes, Media Houses, Companies, Brands etc. belong to their respective owners, and are used to merely visually identify the Channels, Shows, Companies, Brands, etc. to the viewer. Incase of any issue please contact the webmaster.

Popular Channels :
Star Plus | Zee TV | Sony TV | Colors TV | SAB TV | Life OK

Quick Links :
Top 100 TV Celebrities | Top 100 Bollywood Celebs | About Us | Contact Us | Advertise | Forum Index