Lingusamy directed multi starrer action entertainer Vettai has grossed about 25 Crores from 440 centers all over India, within 2 weeks. It had garnered much attention when the movie had grossed about 14 crores from 4 days of its release, but since then, the collections have slightly dropped as Nanban has taken over the boxoffice.
As the movie is exempted from the entertainment tax of 15%, in the state of Tamil Nadu, from where almost 70% of the collections are earned, the distributors would have earned a share of about 20 Crores from 14 days.
The Telugu dubbing rights of the film has been bagged by Bellamkonda Suresh for 2.9 Crores. The movie has done very good business in key International markets like UK, US and Malaysia. If the trade reports are to be believed the movie has managed to collect about 6 Crores (distributor share of about 2.5 Crores) from centers outside India, which is a tremendous feat by any yardstick.
It is also believeD that the satellite rights of Vettai has been sold to Vijay TV for about 7.5 Crores and the film has already recovered its cost of about 30 Crores. The movie is produced by Lingusamy's home production Thirupathy Brothers and distributed worldwide by UTV Motion Pictures.
VERDICT - HIT
As the movie is exempted from the entertainment tax of 15%, in the state of Tamil Nadu, from where almost 70% of the collections are earned, the distributors would have earned a share of about 20 Crores from 14 days.
The Telugu dubbing rights of the film has been bagged by Bellamkonda Suresh for 2.9 Crores. The movie has done very good business in key International markets like UK, US and Malaysia. If the trade reports are to be believed the movie has managed to collect about 6 Crores (distributor share of about 2.5 Crores) from centers outside India, which is a tremendous feat by any yardstick.
It is also believeD that the satellite rights of Vettai has been sold to Vijay TV for about 7.5 Crores and the film has already recovered its cost of about 30 Crores. The movie is produced by Lingusamy's home production Thirupathy Brothers and distributed worldwide by UTV Motion Pictures.
VERDICT - HIT
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