Box Office: LKG declared blockbuster, Collects 5 times the budget spent!

PUBLISHED DATE: 04/Mar/2019

Box Office: LKG declared blockbuster, Collects 5 times the budget spent!

 

The year 2019 started with two big box-office hits with Petta and Viswasam. While majority of the releases following or before did not do numbers as grand as these blockbusters, RJ Balaji's LKG seems to have changed that with its successful box office performance.

LKG which is said to have been made under a budget of Rs. 3.5 Cr, had groossed a whopping Rs. 15 Cr from just its theatrical revenue. Other revenues that are expected to come from satellite rights, digital streaming rights and brand partners could seemingly add more to the total income from the film. This totals the film's collection to approximately 5-6 times of its budget spent and given the movie is RJ balaji's first solo act, it becomes a massive feat.

Added to this, trade sources pin the success rate of the movie to RJ Balaji, for the actor is said to have not taken a salary for the film before its release. This inturn is believed to have enabled the film being sold at a reasonable price and everyone linked with the film being able to make profit off it. [RJ Balaji is said to have taken his share post success].

In times where 50% of an average Tamil film's budget is spent on the male lead's remuneration, LKG's success story of profit-sharing may have brought a new hope for producers and actors who make films with a nominal budget.

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