Why our Figures are Lesser than Other Sites ?
Many People Have been constantly asking me about why the figures reported by BoxOfficeDay.com (BoxOfficeIndia) is lesser than what most sites report.
Let me explain you why that happens.
Firstly, the Figures we and other sites report for the Multiplexes are same. If you notice for Multiplex Oriented films there isn't much difference in the figure wereport and the others.
The Major Difference comes in the case of Single Screens. SingleScreens charge a price for just running the movies. This is needed for the functioning of Single Screens and includes cost for things like Electricity, etc. This is not a Taxable Income, i.e this is counted as loss/investment and theSingle Screens are not supposed to pay tax on this amount.
As a result of this we do not include this figure in the total Gross Collections. Because to arrive at net collections, we deduct tax from gross figure. So, it is unjust to include an amount in the gross collections which is not taxable.
Hence, the Net Figures we Report are lower than other sites and I feel this is a more genuine method. Because all Distributor shares are calculated on the basis of the net figures we report. And in the End it is the distributor share which matters.
Let me Give an Example.
We Reported JTHJ's total collections till now around 106 crore and thedistributor share around 56 crore. This share is around 52-53% of the net figure and seems genuine.
Most Other sites reported the Collections of JTHJ around 125-130 crore and thedistributor share, same as ours, 56 crore. This Figure is around 42-43% of the net figure and something is fishy about it. Such Low % of distributor share is only possible if the film has done significant business in 3rd or 4th Week which is not the case with JTHJ.
So it's up to you to trust whomever you want…
5