SCOOP: Akshay Kumar INCREASES his acting fees from Rs. 117 to 135 crores for films slated to release in 2022 December 28, 2020 at 09:30AM

If there is one man who is working every single day of his life, it’s Akshay Kumar. When not on the sets, the superstar is listening to scripts and on a signing spree setting his line-up of releases for not just 2021 but also 2022. Bollywood Hungama has exclusively discovered that the actor, who has his dates blocked for the next one year, has decided to hike his acting fees further due to excessive demand in the market.

SCOOP Akshay Kumar INCREASES his acting fees from Rs. 117 to 135 crores for films slated to release in 2022

“Over the last few months in the lockdown, Akshay Kumar has gradually hiked his fees from 99 crores to 108 crores and finally settled in on 117 crores for the films he signed recently. Every producer wants to have Akshay on board, considering his low risk, low budget, and assured return model, leading to excessive demand in the market. Akshay too has followed the economic formula of higher the demand, higher the price, as with every film offer coming his way, he hiked his fees. For the films which are slated for a 2022 release, Akshay will charge a bomb of Rs 135 crores per film” a source told Bollywood Hungama, adding further that the upfront charging of fees won’t act as a burden on his films.

“The production budget of most Akshay Kumar films will be in the range of Rs. 35 to 45 crores, in addition to 15 crores more for print and publicity, taking the total in the range of Rs. 50 to 60 crores. Taking the number of his acting fees into account, the overall budget of his films would be in the range of 185 to 195 crores. Doing a backward calculation in the account, his films earn approximately 80 to 90 crores from the sale of satellite and digital, whereas 10 crores more comes from the sale of music rights, leaving an amount in the range of Rs. 95 to 100 crores for recovery from theatres, meaning lifetime box-office collections of Rs. 210-220 crores in India. This isn’t as big a number for him to achieve, given his stardom and trust among the audience. And in 2021, it’s a rather easy number for a superstar like Akshay,” the source further told Bollywood Hungama, explaining the low risk, assured return model of Akshay Kumar.

The actor has however given a special discount to his producer friend, Sajid Nadiadwala, by charging around 20% below his market rate, since Sajid is planning to mount the film on a bigger scale, resulting in a bigger production budget than his other films. “Akshay doesn’t want to burden his film with unrealistic expectations, and the films which warrant a bigger budget, he is open to negotiating on his acting fees in tandem with the hike in the budget, however, will make up for the same by asking for a share in profit. He knows the box-office market as also his appeal among the audience, and setting realistic targets for film to be a rather safe venture,” the source concluded.

Akshay’s upcoming films include Sooryavanshi, Atrangi Re, Prithviraj, Ram Setu, Mission Lion, Raksha Bandhan, and many more.

Also Read: SCOOP: After Ajay Devgn, even Akshay Kumar says “NO” to Suheldev over script and date concerns

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Sushant Singh Rajput's father K K Singh meets Nitish Kumar, sets tongues wagging September 30, 2020 at 05:03PM

Is Sushant Singh Rajput’s father K K Singh planning to join Bihar politics? The grieving patriarch’s Wednesday rendezvous with Bihar’s chief minister Nitish Kumar has triggered off much speculation in Bihar about a possible alliance. A source close to the Bihar chief minister tells this writer, “We can’t say anything definite at the moment. We can’t rule out Sushant’s father joining hands with Nitishji. Their meeting went well and Mr Singh went away happily. What lies ahead we will soon know.” With the case against Rhea Chakraborty weakening by the day, politics seems to be a sturdy diversion for Sushant’s grieving father. We can only wait and watch for further developments. Also Read: Sushant Singh Rajput Death Case: No signs of murder so far, confirms CFSL scientist from Latest Bollywood News | Hindi Movie News | Hindi Cinema News | Indian Movies | Films - Bollywood Hungama https://ift.tt/33g2dPF via

Paresh Rawal replaces Rishi Kapoor and resumes shoot for Sharmaji Namkeen June 30, 2021 at 04:06PM

As the Maharashtra government announced some ease in lockdown restrictions, many films have resumed their shoots. Late actor Rishi Kapoor's last film Sharmaji Namkeen has also gone on floors. Rishi played the central character in the movie and passed away on April 30, last year. His remaining portions of the film were taken over by veteran actor Paresh Rawal. Paresh Rawal started shooting for the remaining portions in March this year. However, with the second wave of the novel coronavirus, the shoot came to a halt again. According to a daily, Paresh Rawal has resumed the shoot for an important sequence at a school in Goregaon, Mumbai which also features Juhi Chawla and Satish Kaushik. The team along with Paresh Rawal will shoot for a week-long schedule, after which the movie will wrap up and go for the post-production process. The makers are hoping to release the film on Rishi Kapoor’s birth anniversary on September 4. Helmed by Hitesh Bhatia Sharmaji Namkeen revolves around ...

Sushant Singh Rajput case: Four key witnesses lay out details of what happened hours before the actor’s demise August 29, 2020 at 12:33PM

The CBI is currently investigating the death of actor Sushant Singh Rajput. The investigating agency has been trying to piece together the events that transpired hours before the actor's unfortunate demise. Four key witnesses have described how the actor spent the last few hours. All the four witnesses lived with the actor in his Bandra apartment. The witnesses are: Siddharth Pithani (flat mate), Neeraj (house help), Keshav (cook) and housekeeper Deepesh Sawant. All four told the CBI that on the night of June 13, Sushant spent his time alone in his room. Deepesh Sawant was the first person to wake up on June 14. He told the investigating officers that on the night of 13th, Sushant refused to have dinner and asked for a mango shake. The next day Sawant woke up at 5.30 am and an hour later after his morning rituals he went up to the actor's room as usual. When Sawant went to the room, he saw that the actor was up and asked him if he would like to have his breakfast and tea, wh...

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