Salman Khan's Tubelight was a huge box office failure. The film which released on Eid, grossed 118 crores in its lifetime run in India.
The distribution rights of Tubelight were sold to NH Studios for 132 crore. Thus it caused heavy losses for distributors and many of them lost their lifetime earning. There were reports that Salman will compensate the distributors few days back. Now the actor has finally repaid 32.5 cr.
On Wednesday, Salman Khan called the distributor to compensate for the losses suffered due to Tubelight. Salman, on the behest of his father Salim Khan, agreed in June to reimburse for the losses suffered for Tubelight.
Says a source close to the development, “Salman Khan had promised to return his distributor’s money by the end of July. However, he was busy shooting abroad for Tiger Zinda Hai. Now that he’s back in Mumbai, he has agreed to return Rs. 32.5 crores to the distributors. This is half of the total losses suffered by distributors over Tubelight.”
It will be interesting to see if SRK will also compensate the Jab Harry Met Sejal distributors. Interestingly both Tubelight and JHMS were bought by NH Studios.