S Narayan, who acquired the Karnataka theatrical rights of "Puli" for a fancy price, has demanded compensation for the losses he incurred due to the poor performance of the Vijay-Sudeep-starrer at the box office.
This comes a few days after the producers decided to pay Rs 1.5 crore compensation to the Tamil Nadu distributors of the film. A report on Kannada cine website Chitraloka claims S Narayan lost about Rs 4.25 crore due to the poor performance of "Puli" at the box office. He says the makers have compensated all the distributors except him. As a result, he has decided to take up the issue.
S Narayan has already written a letter to the South Indian Film Chamber of Commerce and Karnataka Film Chamber of Commerce (KFCC) on this. "I do not know what to do except sit and protest in front of the KFCC," Narayan told the website.
"Puli" was made with the budget of more than Rs 100 crore. The movie featured big names like Ilayathalapathy Vijay, Sudeep, Shruthi Haasan, Hansika Motwani and Sridevi. The fantasy-adventure was written and directed by Chimbu Deven and produced jointly by PT Selvakumar and Shibu Thameens.
The Tamil movie had generated a huge buzz around it due to the big names in the cast. Hence, it had a record pre-buzz and reports claim that the producers had earned close to Rs 100 crore by selling various rights of the Tamil movie even before the release.
But the makers and distributors' hopes to make good money from "Puli" were shattered when it opened to negative reviews, which affected its collections. In the end, the producers and distributors suffered losses.
[1 lakh = 100,000 | 1 crore = 10 million | 100 crore = 1 billion]