Home / Arts and Entertainment / Yash's 'Toxic' Faces Massive Rs. 300 Cr Loss!
Yash's 'Toxic' Faces Massive Rs. 300 Cr Loss!
6 Sep
Summary
- The film is set to incur India's biggest feature film loss of Rs. 300 crores.
- Digital rights remain unsold, with offers dropping drastically from Rs. 200 crore.
- Makers may consider a new edit to improve digital rights offers and reduce losses.
The Yash-led film 'Toxic' is facing unprecedented financial losses, estimated at Rs. 300 crores, marking a record for an Indian feature film. Released on August 26th, the gangster drama has garnered unanimous negative reviews, contributing to a disastrous theatrical run. The film's box office collection is expected to fall significantly short of its opening numbers.
Adding to the financial woes, the digital streaming rights for 'Toxic' remain unsold. The production team had an initial offer of Rs. 150 crores but demanded over Rs. 200 crores, anticipating strong theatrical performance. However, the film's failure has drastically altered the negotiation landscape.
Digital platforms are now offering as little as Rs. 30 crore for the post-theatrical streaming rights. Satellite recovery is also anticipated to be minimal due to the film's adult-oriented content. To salvage the situation, the makers are contemplating a new edit for the digital version, aiming to secure a better deal and mitigate the substantial losses.
