Whenever a film ends as a big disaster and incurs heavy losses to its buyers, it is quite common for the director and the lead actor to compensate with their remuneration. This is the practice which is being observed in Tollywood for many years now. Sometimes, the buyers and the director involve in disputes over the settlement of such losses due to misunderstanding and lack of coordination.
Ace director Puri Jagannadh, who is already mired in financial problems after his pan-India film Liger came a cropper at the box office, faced another setback with his recent offering ‘Double iSmart’. The film starring Ram Pothineni ended as a huge box office dud and resulted in massive losses for its buyers. Released on August 15th, Double iSmart is a sequel to the 2019 blockbuster action drama ‘iSmart Shankar’. The film was sold in upwards of 50 Crores, but recouped less than 20 Crores at the box office.
Now, Puri and his producer decided to compensate for the losses. Sources revealed that he will return a part of his remuneration and distribute the same to the buyers who suffered losses in different territories. Producer Niranjan Reddy has reportedly put a condition to Puri either to do another film for him or to return the remuneration. So, Puri has decided to pay back some amount to settle the losses and take a call on his next project.
It is well known that Puri was involved in a huge controversy with ‘Liger’ distributors. But, this time he wants to settle the issue amicably with the buyers.
