Ram Charan’s RRR Postponed | Issues 10 Crore Refund, Significant Financial Setback For RRR?

RRR postponed, Ram Charan’s RRR, Ram Charan’s RRR Postponed
Ram Charan’s RRR Postponed | Issues 10 Crore Refund, Significant Financial Setback For RRR?

Ram Charan’s RRR postponed due to Covid: The makers of the Ram Charan’s and Jr. NTR starrer RRR have decided to postpone the release of the movie. Earlier the movie was scheduled to release on 2nd Jan. However, due to the rising Covid-19 cases and the tightening of civil restrictions across the country they did not have a choice. RRR suffered a major financial loss even before the release, as the production house had to refund Advance booking amount in tune of 10 Crore. Director SS Rajamouli’s pan-Indian film RRR (Rise, Roar, Revolt) had advance bookings in multiple languages.

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Ram Charan’s RRR Postponed, Trade Insiders Commented

Raj Bansal , A well-known exhibitor and distributor from Rajasthan, said,

 “The makers of RRR must have spent about Rs 15 crore in publicity, but it is not about the money loss in publicity. A change of release date only makes the public lose interest in films. The decision should’ve been taken much before the advances were opened. Although an official confirmation is yet to come, but it is going to happen in all probability. As of today, the film has already lost 20-25 per cent of its business due to restrictions in cinemas occupancy”.

US is the center of the losses as RRR got a highest number of advance bookings, which now have to be refunded.  Trade analyst Atul Mohan said,

“We have been given to understand that is about Rs 8 to 10 crore, and if the film gets pushed that could be refunded. But it is definitely a huge setback for the exhibition sector.”

SS Rajamouli’s magnum opus Cast

SS Rajamouli’s magnum opus stars Ram Charan, Jr NTR, Alia Bhatt and Ajay Devgn in key roles. On Saturday, the official Twitter and Instagram handle of RRR announced the postpone of the film. They tweeted,

“Keeping the best interests of all the involved parties in mind, we are forced to postpone our film. Our sincere thanks to all the fans and audience for their unconditional love. #RRRPostponed #RRRMovie”.

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Ram Charan’s RRR Postponed

The creative shared by the production company read, “Inspite of our relentless efforts, some situations are beyond our control. As many Indian states are closing theatres, we are left with no choice but to ask you to hold on to your excitement. We promised to bring back The Glory of Indian Cinema, and at the right time, WE WILL.”

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Written by Manoj Kumar

A tech and gaming aficionado, Manoj enjoys the small pleasures of life. He comes with over 10 years of experience in digital space with nearly 2 years of experience in the entertainment news section.

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