The DayAfter NOVEMBER 16-30, 2016 ISSUE | Page 62

bollywood entertainment Bollywood Spins The trend of lead actors having a share in the profits is not entirely new though. Amitabh Bachchan is known to have kept territories of his movies as payment in the 1980s F By DANFES or his latest money-spinner, Sultan, Salman Khan would have normally charged about Rs70 crore as remuneration. Instead, he chose to have a share in the profits, and may have taken home Rs110-150 crore from the blockbuster, which made around Rs 600 crore in worldwide box-office collections, according to the film portal Koimoi.com. Today, most of the top male stars, including Shah Rukh Khan, Salman Khan and Akshay Kumar, command a share—ranging from 50 percent to 80 percent — in the profits of a film, besides a flat upfront fee. Aamir Khan is the only A-list actor who insists on being paid entirely from the profits. The trend of lead actors having a share in the profits is not entirely new though. Amitabh Bachchan is known to have kept “territories” of his movies as payment in the 1980s. This meant that back then the profits from any of the 11 distribution territories in India (such as Mumbai, Punjab, Rajasthan, among others) would go to him instead of the film’s producer. “The top artistes started this thing because they knew there’s a market for them. People go for their name and the poster value they bring,” says Sanjay Bhandari, a bank loan consultant to the film industry. “When they realized that their name sells very well, that they’re a brand in themselves and the commercial viability of the project goes up with their name, they decided to start sharing profits,” he explains. The biggest advantage of the profit-sharing arrangement is that it brings down the cost of production, thereby minimizing the risk a film-maker faces. “Say, Aamir Khan were to charge Rs50 crore as remuneration, and the film’s cost of production is another Rs 40 crore. That makes for a budget of Rs 90 crore,” says trade analyst Komal Nahta. “When he charges in terms of profit, the cost of the film is only Rs40 crore. So it’s a given that it will be a profitable venture for everybody.” Nahta adds that a star stands to make a lot more money if the film is a big hit, like Salman Khan’s Sultan. “It’s not a price he could have demanded for his acting but because he’s a partner and commands a fixed fee plus partnership, he gets that kind of 62 The Dayafter November 16-30, 2016 money,” Nahta points out. “For the A-list actors, it definitely works because they know their films will do well at the box office. And even if they don’t, they are already profitable before release since they are sold to distributors at prices which are higher than the cost of production. Regardless of whether the project works with the public or not, the actors and producers have made their money,” Nahta says. A share in the profits also ensures an actor gives a project his best — from filming to publicity and marketing. “When actors who’ve got a very important role to play in the process of film-making are partners, it makes their involvement that much higher,” says film-maker Vipul Shah. “And at the end of the day, if the film does well, they make more money, which is a big motivation for everybody to remain that much more committed to the film. Plus, if after all the har