Explorer

Salman Khan to return Rs. 35 crore to distributors for losses from 'Tubelight'

New Delhi: When Salman Khan united with Kabir Khan for 'Tubelight,' the hopes were really high. But, that could not be as 'Tubelight' was declared flop at the box-office and distributors had to bear huge losses for the film. Recently, it was reported that the actor promised the distributors to pay the losses. And it seems like he is all set to keep his promise. Trade analyst Komal Nahta confirmed on Twitter that the 'Bajrangi Bhaijaan' star will refund approx Rs 35 crore today to distributors & exhibitors as compensation for losses suffered in 'Tubelight'. This is half of the total losses suffered by distributors over the film. The movie opened on a decent note considering the pre-Eid factor. It opened with Rs. 21.15 crore and gave some hopes to grow over the weekend. But the movie only managed to gross Rs. 64.77 crores in its first weekend. According to reports, Salman had promised to return his distributor's money by the end of July, but he got busy with 2017 IIFA Awards.
View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

2008 Malegaon Blasts Case: NIA Court Issues Bailable Warrant Against BJP Leader Pragya Thakur
2008 Malegaon Blasts Case: NIA Court Issues Bailable Warrant Against BJP Leader Pragya Thakur
'State Has Vital Interest To Regulate Madrasas': Supreme Court Upholds UP Madrasa Education Act
'State Has Vital Interest To Regulate Madrasas': Supreme Court Upholds UP Madrasa Education Act
Winter Session Of Parliament To Begin On November 25. Details Here
Winter Session Of Parliament To Begin On November 25. Details Here
Odisha: Miscreants Open Fire, Throw Metal Objects At Nandan Kanan Express Near Bhadrak, Probe On
Odisha: Miscreants Open Fire, Throw Metal Objects At Nandan Kanan Express Near Bhadrak, Probe On
Advertisement
ABP Premium

Videos

How will the company perform in Swiggy IPO? It aims to raise Rs 11000 | ABP Paisa LiveDemand will be lowest in last 4 years in 2024 due to rise in gold prices, increased investment in Gold ETFsApple creates a new record in iPhone sales after launch of iPhone 16 | ABP Paisa LiveIs China scared of Gautam Adani's Mega Project In Bhutan? Watch To Find Out | ABP Paisa Live

Photo Gallery

Embed widget