Raavan may not recover the investment, say experts

Mani Ratnam’s Raavan has not clicked well with the viewers in the northern parts of the country but the movie has done well in the South. The distributors and exhibitors now hope that they can recover some losses from the Southern business.

The latest reports say that the Hindi version of the film now has a set occupancy in the range of only 40-50 percent over the weekend. The Tamil version has recorded occupancy of 90-95 percent during the weekend. Till Friday, the Hindi version had collected Rs 6.50 crore across India whereas the Tamil version made Rs 3.35 crore.

Now the film trade experts say that the overall cost of the film is unlikely to be recovered due to mix success. Komal Nahata, a renowned trade analyst says , “Mani Ratnam is a renowned director in south India, Vikram Kennedy, too is popular with the masses there, the Tamil film is thus doing better business. However, given the overall indications, Reliance Big Entertainment (RBEL) stands to lose at least Rs 30 crore from the venture.” According to the reports, RBEL is believed to have invested a huge amount of up to Rs 110 crore in making and distributing the movie.