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Zee Studios seeks a refund of Rs. 6 crores after disastrous box office performance of Kangana Ranaut’s Thalaivii; approaches IMPPA for resolution : Bollywood News – Bollywood Hungama

Zee Studios seeks a refund of Rs. 6 crores after disastrous box office performance of Kangana Ranaut’s Thalaivii; approaches IMPPA for resolution : Bollywood News - Bollywood Hungama

The protagonist of Kangana Ranaut Thalaivii it was released in theaters in September 2021, but it’s still making headlines. Recently, Zee Studios, the worldwide distributor of Thalaivii, has complained to IMPPA (Indian Film Producers Association) for non-payment of refund amounting to Rs. 6 crores.

Zee Studios seeks a refund of Rs. 6 crores after the disastrous box office performance of Kangana Ranaut’s Thalaivii; approaches IMPPA for a resolution

Zee Studios had launched Thalaivii‘s in Hindi and Tamil in India and abroad and had asked the producers, Vibri Motion Pictures, for a refund of Rs. 6 crores after making loss on advance paid. Zee paid a certain amount as an advance for the film’s distribution rights. According to Zee, Rs. 6 crores of the amount paid was not recovered. Therefore, he sent letters to Vibri Motion Pictures and requested a refund. The producers, however, did not respond. As a result, Zee decided to ask IMPPA to intervene. Zee Studios is also seeking to approach the courts to recover its money.

Thalaivii he also starred in Arvind Swamy, Bhagyashree and Raj Arjun and was inspired by the life of actress-turned-politician J Jayalalithaa. Directed by AL Vijay, it was released on September 10, 2021, at a time when theaters were fully open across the country due to pandemic restrictions. Furthermore, the producers decided to release the film on Netflix two weeks after its theatrical release. This led multiplexes to boycott the film. As a result, his collections were disastrous. It opened at just Rs. 32 lakhs and its useful life was less than Rs. 2 crores. Overseas collections were also poor, while in the Tamil and Telugu versions, around Rs. 5.75 crores.

Also Read: Kangana Ranaut Reveals She Wanted To Launch A Restaurant Last Year; she says she couldn’t do it due to “financial setbacks”

More pages: Thalaivii Box Office Collection, Thalaivii Movie Review

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