The Asian Age

AKSHAY WALKS AWAY WITH PAD MAN PROFITS?

- SUBHASH K JHA

The PadMan team — Sony Pictures and KriArj Films — who collaborat­ed with Akshay Kumar’s wife Twinkle Khanna to produce the film, are not really laughing all the way to the bank. The film has earned box- office revenues of approximat­ely ` 70 crore rupees. The film’s budget was around ` 40 crores, so that leaves KriArj and Sony Pictures with a profit- sharing edge of approximat­ely ` 30 crores. But the major share of the profits goes to the leading man, Akshay.

How? In lieu of a fixed remunerati­on, Akshay got the digital and satellite rights of PadMan.

A source in the know says, “This means that Akshay goes home with a clean ` 40 crores. Apparently, this will be his mode of accepting payment for all his assignment­s in future.” So while the producers look at the vagaries of the box- office for profits Akshay 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 filmmaking, 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.”

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