Filmmaker Puri Jagannadh Shows Big Heart Again After Dismal Box Office Performance of 'Liger'
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Hyderabad, September 1 - Director Puri Jagannadh's long-awaited film Liger, starring Vijay Deverakonda, has proved to be a costly affair for the entire team as he turned out to be a massive disappointment at the box office.
The sports action drama film was expected to bring a lot of money to the producers and distributors, but things didn't go as per the makers' wish as the distributors will face, at least, a 70% loss from the total investment of around 90 crores worldwide. It is reported that the distributors are in big shock as they invested a lot of money in the hope that it will give them the best return, which is not going to happen.
However, in a gloomy time for the distributors, director Puri Jagannadh is once again coming to their rescue and taking full responsibility for the film's failure. As per the industry insiders, Puri Jagannadh will compensate Liger distributors and buyers and will meet them in the coming days.
This is a very nice gesture by the filmmaker who is a well-respected person in the Telugu film industry. He has rescued his distributors in the past as well and now, he is going to do the same. Puri Jagannadh has delivered some of the biggest Telugu blockbusters, and he will be hoping to repeat the same with his next film "JGM", which is also with VD.
"Liger", produced by Dharma Productions and Puri Connects, has so far grossed approx. 55 crores worldwide, even after taking the biggest opening for VD's career. However, it crashed badly on the second day itself and never revived from thereon, becoming one of the biggest disasters of all time.
Stay tuned...
Hyderabad, September 1 - Director Puri Jagannadh's long-awaited film Liger, starring Vijay Deverakonda, has proved to be a costly affair for the entire team as he turned out to be a massive disappointment at the box office.
The sports action drama film was expected to bring a lot of money to the producers and distributors, but things didn't go as per the makers' wish as the distributors will face, at least, a 70% loss from the total investment of around 90 crores worldwide. It is reported that the distributors are in big shock as they invested a lot of money in the hope that it will give them the best return, which is not going to happen.
However, in a gloomy time for the distributors, director Puri Jagannadh is once again coming to their rescue and taking full responsibility for the film's failure. As per the industry insiders, Puri Jagannadh will compensate Liger distributors and buyers and will meet them in the coming days.
This is a very nice gesture by the filmmaker who is a well-respected person in the Telugu film industry. He has rescued his distributors in the past as well and now, he is going to do the same. Puri Jagannadh has delivered some of the biggest Telugu blockbusters, and he will be hoping to repeat the same with his next film "JGM", which is also with VD.
"Liger", produced by Dharma Productions and Puri Connects, has so far grossed approx. 55 crores worldwide, even after taking the biggest opening for VD's career. However, it crashed badly on the second day itself and never revived from thereon, becoming one of the biggest disasters of all time.
Stay tuned...
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