Latest news with #NationalMultiplexAssociation
Pink Villa
8 hours ago
- Entertainment
- Pink Villa
Kamal Haasan's film Thug Life faces Rs 25 lakh fine from National Multiplex Association over breach of contract
Mani Ratnam 's recently released film Thug Life made a disappointing run at the box office, despite the hype. Featuring a stellar cast of some of the biggest names in the industry, the movie did not work out well during its theatrical run. Amid reports about the makers considering an OTT release of the film sooner than expected, it seems the film has now received another huge blow. Thug Life faced heavy fine from National Multiplex Association? As per a report by The Hindu, Thug Life has now faced a massive fine from the National Multiplex Association over a breach of contract. As the movie failed to hit the mark, its previously set 8-week deal was changed and the OTT release date was preponed from before. Back then, the National Multiplex Association had allowed the movie to be streamed in their theaters based on this condition. However, with the changes of circumstances and situations, they have now levied a hefty fine of Rs. 25 lakh towards the makers for breach of contract. Netflix deal re-negotiated for Thug Life In other news, Thug Life is already facing a crisis with regards to its OTT deal. The makers who had partnered with Netflix for the online streaming had to re-negotiate a new deal with them, at an albeit lesser quoted price than before. For the unversed, the initial deal struck with Netflix was made on a whopping budget of Rs. 130 crore. Thug Life faced ban in Karnataka owing to Kamal Haasan's statement One of the other factors which seemingly contributed to the poor run of Thug Life at the box office was its ban on theatrical release in Karnataka. The movie was banned ahead of release by the Karnataka Film Chamber after one of Kamal Haasan 's statements hurt the sentiments of the Kannada-speaking community. Thug Life's final box office collection so far Speaking about box office numbers, the gangster action thriller ended its theatrical run at a disastrous mark of Rs. 93 crore only worldwide. The movie was unable to hit even the decent Rs. 100 crore mark at the box office which most high-valued Kollywood projects have easily hit within a few days. Thug Life has now joined the likes of the Tamil film Kanguva which had such a dismal run.
Time of India
12 hours ago
- Entertainment
- Time of India
'Thug Life' OTT release: Kamal Haasan and Mani Ratnam's film to be fined Rs. 25 lakh for an early release
Kamal Haasan-Mani Ratnam's 'Thug Life', which was released amidst much anticipation, has faced many problems as it failed at the box office. The film failed to impress audiences across the country in any language. Earlier, Kamal Haasan had announced that the film would be released on OTT 8 weeks after its release. This decision showed his confidence in the film. National Multiplex Association fines 'Thug Life' team However, after the film failed in theaters, the 8-week contract was canceled and the OTT release date was also changed. Based on this agreement, the National Multiplex Association had allowed the film 'Thug Life' to be released in their theaters. According to The Hindu, the National Multiplex Association has imposed a fine of Rs. 25 lakh on the film crew due to breach of contract. 'Thug Life' OTT rights lessened Additionally, Netflix had offered Rs. 130 crore for the OTT rights of 'That Life'. But after the film failed, they reduced the amount to Rs. 90 crore. It is reported that in the subsequent negotiations, both sides signed an agreement for Rs. 110 crore. Box office failure and OTT contract changes have complicated the status of 'Thug Life'. In today's changing entertainment landscape, these clashes between theaters and OTT platforms reveal not only the commercial viability of the film but also the new challenges facing the Tamil film industry. Fails at the box office despite substantial cast and crew 'Thug Life' features Silambarasan, Trisha, Nasser, Joju George, Bagavathi Perumal, Ashok Selvan, and Aishwarya Lekshmi among others alongside Kamal Haasan in the lead role. AR Rahman scored the music for the gangster drama, while the cinematography was handled by Ravi K Chandran. 'Thug Life' has completed 3 weeks of theatrical run, but the mega-budget film earned less than Rs 65 crore to end as a box office disaster.
