The co-producers of PadMan, Sony Pictures and KriArj Films who collaborated with Akshay Kumar’s wife to produce the film, are not really laughing all the way to the bank. The film has earned boxoffice revenues of approximately 70 crore rupees of which 40crores was the film’s budget. That leaves KriArj and Sony Pictures with a profit-sharing edge of around Rs 30 crores.
But the major share of the profits goes to the leading man Akshay Kumar.
How? In lieu of a fixed remuneration Akshay asked and got the digital and satellite rights of PadMan.
Says a source in the know, “This basically means that Akshay goes home with a clean 40 crores. Apparently this will be Akshay’s mode of accepting payment for all his assignments in future.”
So while the producers look at the vagaries of the boxoffice for profits Akshay Kumar is certain to walk away with a fortune for each of his films.
A CEO of a corporate producing house laments the star mafia in Bollywood, “A handful of A-list actors are controlling every aspect of a film’s making , from its leading lady to its music and even the final editing. As far as their fee is concerned, they walk away with the satellite/television rights leaving the producers with only the profit-margin from theatrical release.Yash Raj Films refused to work within the above pay scheme.But now , Salman Khan got satellite/television rights from Yash Raj before he agreed to finally do films for them.”