UTV
Motion
Pictures
has
confirmed
that
they
are
in
the
profit
making
zone
for
their
recent
release
Tees
Maar
Khan.
Though
certain
sections
of
industry
as
well
as
trade
didn't
quite
acknowledge
the
terrific
start
of
the
film
and
were
only
way
too
pleased
to
label
the
film
as
a
'barely
coverage'
affair
or
even
a
'flop'
as
weekdays
progressed,
an
official
confirmation
from
UTV
with
facts
and
figures
intact
pretty
much
tell
a
different
tale.
Though
the
film
didn't
quite
turn
out
to
be
the
festive
extravaganza
that
it
was
touted
to
be,
it
is
way
beyond
the
claims
of
being
a
loosing
preposition
and
has
actually
turned
out
to
be
a
profitable
venture
for
its
investors.
"Well,
all
I
can
say
is
that
only
those
with
some
vested
interests
could
be
challenging
the
success
of
Tees
Maar
Khan",
says
Siddharth
Roy
Kapur,
CEO
UTV
Motion
Pictures,
"The
film
has
been
a
profitable
venture
for
us."
There
are
different
stories
floating
around
in
the
trade
though
with
murmurs
of
the
production
house
actually
loosing
money
here.
"Okay,
let's
do
the
maths
here",
Siddharth
explains
the
equation,
"The
entire
cost
of
acquisition
for
Tees
Maar
Khan
was
50
crores.
We
further
spent
10
crores
the
print
and
publicity
worldwide.
This
makes
the
total
cost
as
60
crores.
Now
we
have
already
recovered
30
crores
from
satellite
and
music
rights.
Balance
30
crores
has
to
be
recovered
from
India
box
office
collections,
overseas
collections,
home
video
and
other
rights."
The
way
film
is
progressing,
Siddharth
is
confident
about
the
film
raking
in
40
crores
share
from
India
alone.
"That's
right;
the
theatrical
share
should
be
in
range
of
40
crores.
Deviation,
if
any,
could
be
5-6
crores
here
or
there
but
not
more
than
that.
Overseas
share
should
be
8-10
crores
while
other
rights
would
fetch
us
2
crores.
This
makes
it
around
50
crores.
Add
to
this
30
crores
from
satellite
and
music
rights
and
we
are
sitting
pretty
on
80
crores",
details
Siddharth.
Quashing
the
entire
theory
of
a
5
crores
loss
(as
hinted
by
a
segment
of
trade),
Siddharth
says,
"On
an
investment
of
60
crores,
if
someone
believes
that
80
crores
return
is
a
failure
then
well,
he
or
she
is
definitely
living
in
a
dream
world.
Come
on,
in
today's
times,
a
ROI
like
this
is
pretty
much
unheard
of
as
well.
Also,
don't
forget
that
other
than
the
box
office
returns;
there
are
also
MGs
(Minimum
Guarantee)
that
we
have
received
from
theatres."
Settling
down,
Siddharth
admits
that
he
is
disappointed
with
the
way
that
not
many
souls,
especially
within
trade
and
industry,
were
willing
to
give
Tees
Maar
Khan
its
due
when
it
opened
in
theatres.
"Despite
all
the
negativity
and
the
fact
that
trade
didn't
want
to
talk
about
it
as
a
profitable
venture,
Tees
Maar
Khan
has
done
well
for
us.
One
can't
help
if
someone
still
thinks
on
the
contrary,
right?"
Story first published: Friday, December 31, 2010, 15:57 [IST]