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Tenet Box Office Collection Day 1: Christopher Nolan's Film Opens With Number Below Expectations
Christopher Nolan's $200 million-budgeted original blockbuster has finally hit screens in India.
Christopher Nolan's $200 million-budgeted blockbuster, Tenet, has finally hit screens in India. The film starring John David Washington, Robert Pattinson, Elizabeth Debicki, Dimple Kapadia, Michael Caine, and Kenneth Branagh is one of the biggest releases of the year. The film has grossed nearly USD 350 million globally in two months and is also expected to boot video on demand sales in international markets.
The big-budget sci-fi adventure film released after three months of delay in India on December 4, 2020, and revealed that moviegoers are not yet ready to take some risks for good films.
Despite the low footfall expectancy, reports revealed that over 25,000 tickets were sold in advance booking. Last week Indian box office saw the first theatrical release post lockdown. The Bollywood venture titled Suraj Pe Mangal Bhari could not attract the audience in large numbers and collected around Rs one crore.
Fans have been excited to see Dimple Kapadia in her first Hollywood film, but the numbers showed otherwise. However, it has returned some normalcy to the theatres. According to a report in BoxofficeIndia.com, Tenet minted an estimated Rs 1.1 crore to Rs 1.2 crore nett on its opening day.
Analyst Karan Taurani (Vice President at Elara Capital) had said the film is expected to at Rs 3 to Rs 4 crore for day one. As for opening weekend business, the film will earn Rs 7 to Rs 8 crore. Tenet reportedly is expected to do lifetime business of Rs 15 crore in India.
Notably, Nolan had addressed Tenet's worldwide box office numbers and said he is thrilled but concerned that other studios weren't as impressed by the figure.
"I am worried that the studios are drawing the wrong conclusions from our release - that rather than looking at where the film has worked well and how that can provide them with much-needed revenue, they're looking at where it hasn't lived up to pre-COVID expectations and will start using that as an excuse to make exhibition take all the losses from the pandemic instead of getting in the game and adapting - or rebuilding our business, in other words," Nolan said. "Long term, moviegoing is a part of life, like restaurants and everything else. But right now, everybody has to adapt to a new reality," he added.
