Brahmotsavam faces significant financial losses in the Nizam territory, with collections falling well below expectations.
Few days ago, Abhishek Pictures issued a public statement regarding the revenues of 'Brahmotsavam'. The Distribution House appealed people to ignore the fake collections in circulations by promising 1st Week collections will be announced officially on May 27th. Keeping the word, Revenues generated so far has been announced Today.
Brahmotsavam 1st Week Nizam Share: Rs 8,35, 58, 834 (Break-Up: Fri - Rs 4 crore; Sat: Rs 1.59 crore; Sun: Rs 1.44 crore; Mon: Rs 0.69 crore; Tue: Rs 0.35 crore; Wed: Rs 0.16 crore; Thurs: Rs 0.11 crore).
Abhishek Pictures acquired the Nizam rights of 'Brahmotsavam' for Rs 16.2 crore. At best, The full run revenue in this territory will be Rs 9 crore. A loss of over Rs 7 crore in a single territory is something really hard to handle. Its too early to say how Mahesh Babu and PVP would compensate the losses incurred.