Huge loss to Lyca due to indian 2..!?
Before the release of the movie indian 2, there was a lot of anticipation. But after its release, the film is facing negative reviews. Not only that, the collection is also on the downward trend. And that's what Lyca is all about. They have suffered huge losses. Rumors have leaked that the production company is going to be shut down. What is the real indian 2 collection status? Is Lyca profitable? Is it a loss? Let's see here. indian 2, which was originally going to be made as a single part, is now gearing up for a third part as well. Considering this, the total budget of the film is 500 crores. First, they started the film with a budget of 300 crores.
But because there is an extra part, so much has been spent. 250 crore has been spent on the second part alone. 90 percent of this has already been taken. As far as the wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital rights are concerned, it has been sold for 125 crores. In that way, Netflix has bought indian 2. Next, the satellite franchise was sold to Kalaignar tv for Rs 68 crore. 15 crore from karnataka theater license. 200 crores have been received through this. Apart from this, tamilnadu theater rights, hindi dubbing rights, and overseas rights have received several crores. So overall, indian 2 has definitely given profit to Lyca.
So there is no truth in the news that Lyca is going to stop production. The next films Vettaiyan and Vidamuyarchi are waiting for release. There is no doubt that these films will also earn Lyca crores of profit.