The boxoffice result of Akkineni Akhil’s debut film AKHIL has ended up as a devastating blow for it’s overseas distributors and exhibitors. Directed by VV Vinayak and produced by actor Nithiin , this movie has ended up raking negative share at overseas. Perhaps, this may be the first time in recent years a high budgeted telugu movie collecting a negative share in overseas. As we mentioned repeatedly, in previous news reports , this is the major risk with overseas Telugu movie business when new comers into the game without understanding market dynamics.In India, if a movie ends up with below average to flop talk , still it will get 40%(Flop) to 70%(Average) of their investment back for big star movies. But in Overseas, unless movie gets positive mouth talk, distributors can be assured of devastating loss.
‘Akhil’ movie was bought for close to four crore rupees overseas and has resulted in a loss of 4 crore 7 lakh to the distributors and ended as one of the colossal flops at overseas box-office.
Below table has breakdown of overseas collections, Exclusively for Telugu360.com readers: