Independence day – Rana Daggubati the winner

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Three notable films competed at box office this Independence Day weekend. It has been one week, and we have a clear winner, Rana’s Nene Raju Nene Mantri.

Released on August 11, Nene Raju Nene Mantri collected a worldwide distributor share of approx. 18 Cr in the first week, the highest among the three films. The film has also emerged as the highest solo grosser of Rana just within a week. Significant drop in collections post the 5-day extended weekend was observed, but the film was already ashore by then.

NRNM collected $538K at US box office – 1.80 Cr distributor share, a Hit in overseas.

Considering that the film was made on a budget of 12 Cr, and it recovered the complete investment through satellite rights itself, all the money coming from box office is pure profit.

Mass director Boyapati Sreenu’s ‘Jaya Janaki Nayaka’ had a decent 1st week, collecting a worldwide share of 15.9 Cr. The film was trailing behind Nene Raju Nene Mantri till end of holiday weekend but started dominating it (albeit by insignificant margin) from the 6th day. In all possibility, the film is likely to end up around 20 Cr share, incurring 10 Cr loss to buyers, since theatrical rights were sold for around 30 Cr. The film was already released in deficit so the producer’s loss is huge.

JJN collected $102K in the US, which converts to 30 lakhs share. The film was acquired in 1 Cr ratio so heavy loss to all the involved parties.

Nithin’s LIE had a disastrous 1st week. By raking in a worldwide distributor share of 8.74 Cr in the 1st week, the film has been termed as an outright disaster. The film has started running with deficits in many centres post the 5-day weekend. Theatrical rights of the film are valued for more than 22 Cr, and the film won’t recover even 50 percent of the investment.

LIE collected $229K (distributor share is 70 lakhs) from US. Since it was sold in 3 Cr ratio, the buyer lost huge money.

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