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The Bollywood film "Agneepath," only one day after breaking box office records with a massive first-day opening, saw a nosedive in profits on its second day in theaters, leading some investors to worry that the movie will be remembered as an unexpected flop, not as a record-breaking success.
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'Agneepath' Dominates Box Office
The film, a remake of the original that stars Hrithik Roshan, Priyanka Chopra and Sanjay Dutt, was set to become India's biggest blockbuster of 2012.
On its first day, "Agneepath" grossed Rs 23 crore (roughly $4,813,729) in box office collections.
The movie not only broke the opening-day box office record of Shahrukh Khan's "Ra.One," but also managed to top the Salman Khan film "Bodyguard," the highest Bollywood box office opener in recent years.
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"Bodyguard" topped the Indian box office at Rs 21 crore (roughly $4,499,790.90) when it premiered in August 2011.
Big Loss After Republic Day
Trade analysts and box office gurus were expecting "Agneepath" box office collections to fall on Friday, according to ApunKaChoice.
The movie premiered on Republic Day, a national holiday. But Friday was a workday and a school day, shrinking the available audience for things like matinee screenings significantly.
Nonetheless, it was a shock to those celebrating the film's box office success when the star-studded "Agneepath" saw a 60 percent drop in box office collections.
When "Bodyguard" braced for a drop in numbers after its holiday opening on Eid Day, its second-day sales only dropped by about 15 percent the next day.
Hope For 'Agneepath'
Such a significant drop in numbers sends a bad message to Bollywood movie-goers, implying wholesale audience rejection or at least a lot of negative word-of-mouth. Glamsham.com reports that some families were vocal about their disgust at some of the violence shown in the film.
Even if distributors break just above even on the movie, which is rumored to have had an exorbitant price tag for production, poor weekend returns would be extremely disappointing to producers.
