Venkatesh’s Babu Bangaram has put up a decent at the domestic box office, but has spiraled down in US after starting on a high note. The film failed to get to the half million dollar mark in spite of collecting over $ 400K in its first week.
Babu Bangaram 15 Days Collections : 26 cr
Overseas distributor has bought this film as a part of three movie package deal that includes A Aa and Premam for 6.5 crore.
The distributor made 6 crore on A Aa alone and sold Babu Bangaram to third party buyers and exhibitors for around 5 crore.
Overseas distributor surely has struck gold with his three film deal, but the third parties that have bought Babu Bangaram for high price have lost huge chunk of their investment.
With films like A Aa and Pelli Choopulu doing wonders at the US box office we can expect many more third party buyers to fall into the trap by betting big on small and medium budget films.
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