Bombay Velvet grossed around 22.14 crore nett in its Lifetime run. The film opened to dull collections and remained there. The losses on the film are never seen before for a Hindi film.
The recovery of the film from all revenues didn't even hit the 25 crore mark with the domestic theatrical share at 10.50 crore. Overseas is 4.50 crore and though the satellite rights are on the books on the distributors sister company at a high rate the actual revenue didnt touch 5 crore. Its is similar case for music. Its a similar case with music which didn't hardly fetch revenue. All this on a 120 crore plus cost which means a near 100 crore loss between the holders of the main rights (theatrical, television and music)
There have been huge losses before be it Drona, Khelein Hum Jee Jaan Se and Guzaarish amongst others but nothing like this. It will be easier to beat the box office records of PK then to beat the record losses of Bombay Velvet going forward.
There have been huge losses before be it Drona, Khelein Hum Jee Jaan Se and Guzaarish amongst others but nothing like this. It will be easier to beat the box office records of PK then to beat the record losses of Bombay Velvet going forward.
