Bombay Velvet will end its run at the box office this week as the mother of all disasters. The film is set to lose around 90 crore of its investment.
No film in the history of Indian Cinema has lost the kind of money that the distributors of the film (Fox Star Studios) will lose on the Ranbir Kapoor – Anushka Sharma starrer. It will be difficult for any film in the next 3-4 years to incur losses that Bombay Velvet has.
Some staggering facts:
- A loss of around Rs 90 crore for the distributors is equivalent to a film collecting Rs 180 crore net at the domestic box office.
- Since the film is set to finish with lifetime business of around 23 crore, the distributors share will be less than half of the marketing costs!
- Even when the overseas and Indian collections are combined, Bombay Velvet will still fall short of recovering money spent on marketing the film.
- Before Bombay Velvet, Ranbir Kapoor has featured in 11 films in his career. 7 films were profitable ventures. But the losses of Bombay Velvet is more than the combined profits of all Ranbir Kapoor films excluding ‘Yeh Jawaani Hai Deewani’.
- Anushka Sharma has now featured in the industry’s biggest grosser of all time (PK) and followed it up with the biggest disaster of all time (Bombay Velvet).
- Anurag Kashyap has directed 13 movies in his career. Only one was profitable (Dev D). But the losses of Bombay Velvet is nearly 10 times the profit of the cult classic starring Abhay Deol.
Clearly, the very decision to give a director like Anurag Kashyap, a humongous budget of Rs 120 crore+ has backfired big time. It has also affected the career of Ranbir Kapoor, because this will also be his first disaster and could go on to be his lowest grosser. Ranbir though, has a solid line-up of upcoming films and has also got the acting talent to make a strong comeback.
Check out the day-wise box office collections of Bombay Velvet.
|Piku||Box Office Collections||Growth (+) / Drop (-)|
|Day 1 (Friday)||5.2 crore||-|
|Day 2 (Saturday)||5.1 crore||-0.02%|
|Day 3 (Sunday)||5.8 crore||+14%|
|Day 4 (Monday)||2.1 crore||-64%|
|Day 5 (Tuesday)||1.45 crore||-31%|
|Day 6 (Wednesday)||1.32 crore||-9%|
|Day 7 (Thursday)||1.30 crore||-0.2%|
|Total Collections||22.27 crore||-|