Live
- State Cabinet expansion in focus as CM leaves for Delhi
- Need to reintroduce country’s forgotten pride: Bhagwat
- Pant shatters Iyer's IPL auction record, sold to Super Giants for Rs 27 cr
- Yuva Sangeetha Sammelanam held
- Dharani proves a bane for 25K families across State
- Reckless, Dangerous Arms Race
- Russia needs a peace deal as it is running out of soldiers
- MyVoice: Views of our readers 25th November 2024
- Lack of planning, weak narrative behind MVA debacle
- UTF dist unit golden jubilee celebrations begin
Allu Arjun's Duvvada Jagannadham distributors lost badly
Nizam area may earn a profit because distributor was Dil Raju so there is no question of loss and it doesn\'t arise here. Apart from India, The USA distributor is also incurring losses and the movie has ended up Just $1.1 million.The movie was bought for Rs 9 Cr for overseas and the losses are around 50 percent.
Allu Arjun's Duvvada Jagannadham released on 23rd June and has done decent business at the Tollywood box office. Lately, the trade has confirmed that Duvvada Jagannadham is a flop.
The movie would have been a huge flop if not for the staggering openings. Sources informed that Duvvada Jagannadham has ended up incurring huge losses to all distributors.
Going to into details, Ceded distributors are losing around Rs.2 Cr on their investment which is 30%. All districts in coastal Andhra have reported a loss of 20 to 30 percent losses.
Nizam area may earn a profit because distributor was Dil Raju so there is no question of loss and it doesn't arise here. Apart from India, the USA distributor is also incurring losses and the movie has ended up with just $1.1 million. The movie was bought for Rs 9 Cr overseas and the losses are around 50 percent.
