Rajnikant to compensate Rs.100 mn to Kuselan distributors

Rajnikant to compensate Rs.100 mn to Kuselan distributors
Tuesday, August 19, 2008 16:01 IST
By Santa Banta News Network
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 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).
Yami Gautam Celebrates 'Article 370' Anniversary, Talks About 'Dhoom Dhaam'!

Bollywood actress Yami Gautam marked the first anniversary of her political action thriller ‘Article 370

Monday, February 24, 2025
Guru Randhawa Injured on 'Shaunki Sardar' Set, Hospitalized After Stunt Mishap!

Popular Punjabi singer-actor Guru Randhawa has been hospitalized after suffering injuries while filming

Monday, February 24, 2025
Comedian Samay Raina's Cryptic Post Amid Controversy Over Ranveer Allahabadia's Remark!

Comedian Samay Raina has come under scrutiny following YouTuber Ranveer Allahabadia’s controversial

Monday, February 24, 2025
Netflix's 'The Greatest Rivalry: India vs Pakistan' - A Review!

When it comes to cricket, few rivalries in the world can match the intensity of India vs Pakistan

Monday, February 24, 2025
Sajid Nadiadwala's Chandu Champion Receives Three Major Nominations at the Prestigious Indie Film Festival Awards - New York!

Industry titan Sajid Nadiadwala’s Chandu Champion has secured three prestigious nominations at the

Monday, February 24, 2025
ADVERTISEMENT
ADVERTISEMENT