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

    Bynewshuntexpress

    Mar 22, 2023
    Zee Studios seeks a refund of Rs.  6 crores after the disastrous box office performance of Kangana Ranaut’s Thalaivii;  approaches IMPPA for resolution : Bollywood News


    The Kangana Ranaut-starrer Thalaivi Was released in cinemas way back in September 2021 but continues to be in the news. Recently, Zee Studios, the worldwide distributor of Thalaivi, has complained to IMPPA (Indian Motion Picture Producers’ Association) over non-payment of a 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 resolution

    Zee Studios had released Thalaivi‘s Hindi and Tamil versions in India and overseas and had asked the producers, Vibri Motion Pictures, for a refund of Rs. 6 crores after making losses on the advance paid. A certain amount was paid by Zee as an advance towards the distribution rights of the film. As Per Zee, Rs. 6 crores from the amount paid was not recovered. Hence, it sent letters to Vibri Motion Pictures and asked for repayment. The producers, however, didn’t reply. As a result, Zee decided to ask IMPPA to intervene. Zee Studios is also looking to approach the courts to get their money back.

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

    Also Read: Kangana Ranaut reveals she wanted to launch restaurant last year; says couldn’t do it due to “financial setbacks”

    More Pages: Thalaivi Box Office Collection , Thalaivi Movie Review

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