As expected, “Akhil” has weaved itself into a web of troubles with 1st Weekend collections proving that the film will leave a big dent for both producers and distributors.
Owing to the predictions of trade analysts, “Akhil” has collected nearly 16.3 crores ‘share’ after its First Weekend at box office. While it fetched 10+ crores on day one alone, for the next four days the film managed to pull only 6 crores more, just 1.25 core each day from all over the world.
Unanimous negative talk on opening day and spread of the talk like a tsunami, resulted in this box office collapse. From two Telugu states, Akkineni Akhil’s debut film managed 14.61 crores, while Karnataka helped fill 1.05 crores and 33 lakhs from USA to the collections.
While local distributors end up losing 55-60% losses, USA distributors who invested 4 crores will be burning their pockets with nearly 90% loss. While distributors in all territories lose big time, producer Nitin will also lose a heavy chunk as they distributed the film through own channels in Nizam area.
With such disastrous result delivered, real trouble starts as some distributors might seek some return of payment too. These are the days where that demand is more vogue.
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