It is known that Megastar Chiranjeevi was an unbeatable box office bonanza who ruled the industry for 3 decades. But these days, due to his recent flop movies or age factor, he is taking back seat in the movie market.
His movies are struggling to reach the 100 crore pre-release theatrical business, which is a norm for a Star Hero’s movie. This is a significant drop compared to Acharya which got theatrical business deal amounting to 130 crores. But it is being said that the failure of Acharya is one of the strongest reasons for the downfall of Chiranjeevi as a star.
The current generation superstars are getting crazy deals, easily crossing 100 crores mark. Chiru also used to enjoy such craze in market, but everything changed drastically with the debacle of Acharya.
Market demand for Chiranjeevi movies shrunk since then, Godfather didn’t get good deals, so makers went for own release. Continuing this lukewarm response, Waltair Veerayya failed to get 100 crores deals.
The movie’s Ceded rights have been sold at 15Cr, Andhra ratio is 42Cr, Nizam is valued at 22Cr. The approx total of the Telugu states business is 79Cr. ROI and overseas will be around 16Cr. Total business is 95Cr approximately.
Meanwhile, Chiranjeevi fans are a bit disappointed with this business as they thought their favorite hero would regain his glory back. Also, Waltair Veerayya being pakka mass entertainer has additional attractions like Raviteja in an important role, Sruthi hassan as heroine and DSP’s music still it failed to reach the 100 Crores mark which is surprising everyone.
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