83 - Biggest disaster of all time in Hindi film history

83 Suffers Biggest Loss Ever In Hindi Film History

Thursday 06 January 2022 17.00 ISTBox Office India Trade Network

83 will suffer the biggest loss in the history of Hindi cinema as it beats the unwanted records of Bombay Velvet (2015) which had lost around 70 crore. There was also Zero (2018) but that film covered the costs but obviously a value has to be given for the remenuration of Shahrukh Khan and at that time the digital rights were fair value for a star price for a big budget film. So it worked out at a 70 crore value meaning similar loss to Bombay Velvet though on paper only as the star is the producer so there is no loss though if someone else produced the film then the loss would be there.

Here with 83 it has suffered on two fronts one is obviously the poor box office response in India and the second was that one of the OTT partners refused to budge from an older deal and take the film for a four week window OTT release. This was mainly because of inflated deals of two earlier films from the same studio and these films were huge duds.

A new deal with a four week window could have cut the losses of the film by around 30-35 crore but it was not be. The recovery of the film will be 80 crore apprx from theatres across the world. There will be 50 crore coming from Star / Hotstar for satellite and digital rights and another 30 crore from Netflix for digital rights. There will another 20 crore from music and regional satellite. This will take the recovery of the film to 180 crore.

The budget of the film was 240 crore plus 20 crore for P&A taking it to 260 crore. There were interest costs on this budget due to the delayed release due to the pandemic but to counteract there will be around 25-30 crore coming from UK rebate which will take care of most of the interest costs. So its a 260 crore cost and recovery will be around 180 crore from all revenue sources giving it an 80 crore loss.

A better digital deal could have given a lesser loss but the bigger issue is the outright rejection by the public and the crashing collections as that is actually where a film fails and succeeds, the recovery and financials depend a lot on striking deals at the right time. The film stands today with the highest loss ever but if a it got a better digital deal and had no interest costs piling up the losses would have been minimal but that will not change the fact of the huge rejection from the audience. Sooryavanshi releases earlier had a recovery of almost 300 crore thanks to better box office and higher value for satellite, digital and music.

There is some bad luck involved in the film having to suffer these record losses but there is no bad luck in the film being bad and unable to sustain even its low box office collections.

I still don't get it.....why was there such a high budget??

If these cricketers charged so much money for a movie that was based on a glorious event that made every Indian proud....then shame on them...😡 ...It was not a biopic ...it was a real event....WTF about everyone charging so much?? Of course the actors and the staff working for the movie will charge for putting in hard work and effort....but why these cricketers were given so much money?? If nothing else...they were going to be popular again and would have relived that glorious day...

Note: All cricket lovers...if you are planning to jump on me...then don't ...I am asking a very logical question...

The box office can’t be controlled, it is what it is, it wasn’t the right time to release the film and they could have done a lot more with the marketing of the film I believe. Plus if that’s the real budget that has also effected it, however I don’t know if that really is the budget, the team should clarify whether it’s true or not.

But I’m really happy Ranveer did this movie, it’s his best performance. He is so natural as kapil dev, very different to bajirao and Khilji, and it shows that ranveer can do all kinds of roles, he is very versatile.

And the movie is so good, it’s got such great reviews and the people that watched it have loved it. It definitely deserved to do a lot better at the box office, but it seems like many factors effected the box office, covid being one of them and probably the biggest reason. Many cinema halls are shut, some only running at 50% occupancy, and many people are too scared to go to the cinema as they they fear they will catch covid. I mean big movies like RRR and Radhe Shyam have been postponed and their promotions pushed back, that shows that covid is really effecting the box office right now.

I don’t know if the box office will effect ranveers future film choices, he seems to love experimenting with roles and he seems really happy with the response he has gotten for his performance, so maybe he will continue to experiment with roles

Originally posted by: blue-ice.1

I still don't get it.....why was there such a high budget??

If these cricketers charged so much money for a movie that was based on a glorious event that made every Indian proud....then shame on them...😡 ...It was not a biopic ...it was a real event....WTF about everyone charging so much?? Of course the actors and the staff working for the movie will charge for putting in hard work and effort....but why these cricketers were given so much money?? If nothing else...they were going to be popular again and would have relived that glorious day...

Note: All cricket lovers...if you are planning to jump on me...then don't ...I am asking a very logical question...

Congrats to Producer no 1

🤣 zero ko bh disaster dalrha🤣

bell bottom biggest disaster huga shayad😆

Only Salman can save Kabir Khan 😆

Originally posted by: Maroonporsche

Only Salman can save Kabir Khan 😆

ya but it done atleast 115cr 😆

Originally posted by: ChotaShakil420

remember tubelight 🤣

ya but it done atleast 115cr 😆

Did this film even do half 😆

Did this film cross Phantom ?