Ganesh's Shyloo is made with the budget of 4 crores. It has released this week all over the state. It has got good openings keeping in the mind the competetion it faced and theatres it was released.
Satellite rights has bean sold to Udaya TV and Ganesh's connection with the channel has worked and it fetched Producer K.Manju over 1.65 crores. Audio and Video rights was bought by Anand Audio for undisclosed amount. But as per sources, it may be somewhere between 25 - 30 lakhs. So approximately producer has recovered 2 crores of investment.
Only one area was sold before the release. And in Bombay Karnataka region, movie was released by Arya Mourya Enterprises. Rest of Karnataka except Hubli and Shimoga region, K Manju Cinemaas released it. They released it in less number of theatres to give some time for movie to pick up.
With other 2 - 2.5 crores investment to be recovered, it would ve been cakewalk if it was individual and big release and if Ganesh's previous movies were hit. But with negative conditions surrounding the movie, it would be bit tough for the producers to recover the investment.
But ray of hope is that movie has got positive report all over after release and few distributors are ready to take the distribution rights of few areas. So it seems like, producers may recover the investment and walk away with decent profits if the positive buzz continues.
Satellite rights has bean sold to Udaya TV and Ganesh's connection with the channel has worked and it fetched Producer K.Manju over 1.65 crores. Audio and Video rights was bought by Anand Audio for undisclosed amount. But as per sources, it may be somewhere between 25 - 30 lakhs. So approximately producer has recovered 2 crores of investment.
Only one area was sold before the release. And in Bombay Karnataka region, movie was released by Arya Mourya Enterprises. Rest of Karnataka except Hubli and Shimoga region, K Manju Cinemaas released it. They released it in less number of theatres to give some time for movie to pick up.
With other 2 - 2.5 crores investment to be recovered, it would ve been cakewalk if it was individual and big release and if Ganesh's previous movies were hit. But with negative conditions surrounding the movie, it would be bit tough for the producers to recover the investment.
But ray of hope is that movie has got positive report all over after release and few distributors are ready to take the distribution rights of few areas. So it seems like, producers may recover the investment and walk away with decent profits if the positive buzz continues.
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