Despite all the hype, SPYder has crashed at the Box-Office on its second day. As per early estimates, the second-day share of the Mahesh Babu film in Andhra Pradesh and Nizam is approximately Rs 6 crore, taking the two-day total to Rs 21.50 crore. Ideally, the two-day share of the film should have been the opening day share of the film, however, the poor audience reports have already started taking a toll on Box Office performance.
As far as total collection is concerned, the film grossed approximately Rs 9.40 crore on its second day in Andhra Pradesh and Nizam. The film dropped by more than 50% as compared to the opening day, and given the rates at which the film was sold to the distributors, the collections are disastrous to say the least. The Telugu rights of the much-anticipated thriller were sold to Reliance entertainment for Rs 70 crore.
According to the audience report, the film might end its run at the Box-Office with distributor’s share in the range of Rs 35 to 40 crore in Andhra Pradesh and Nizam, which is terrible. Apart from Andhra Pradesh and Nizam, the collections aren’t very encouraging in Tamil Nadu, Karnataka and Kerala as well. According to early estimates, the two-day aggregate collection of the film in the three territories stands at Rs 15 crore. The two days distributors share of Tamil Nadu, Karnataka and Kerala combined are close to Rs 6.40 crore.
The all India distribution rights of SPYder was sold for Rs 102 crore and as of today, the distributor share of SPYder is approximately Rs 27.90 crore. The distributors might lose around Rs 50 to 55 crore from the film, which is more than 50% of the amount invested to buy the rights of the film. SPYder is on its course to be the fourth disaster for Mahesh Babu in last four years.
Here’s a look at the verdicts of his last few films:
- 1: Nenokkadine: Disaster
- Aagadu: Disaster
- Srimanthudu: Blockbuster
- Brahmotsavam: Disaster
- SPYder: Disaster (Expected)