Bollywood actor Akshay Kumar and Kiara Advani‘s upcoming film ‘Laxmmi Bomb‘ to release on OTT platform. Due to coronavirus pandemic, nation-wide lockdown has announced and everyone asked to to stay indoors to stay safe. Film and TV shoots has stopped, Theatres has been closed due to scare of novel COVID-19. After Gulabo-Sitabo, now latest we hear is Akshay Kumar‘s film Laxmmi Bomb to release on OTT platform. Earlier, Akshay Kumar
Now, as per recent reports a trade source has confirmed the news to Pinkvilla. He said, “It’s true that the film will now be premiering on Hot Star. Although there was a bit of disagreement initially, everyone is on the same page now. The movie will indeed be releasing online.”
The report further stated, “The team needs a month to prepare the project. A bit of post production work remains and they are waiting for the lockdown to get over. The producers have taken a joint decision on calling the most minimum number of people to get their film ready. So the film won’t hit the OTT platforms at least till a month after the lockdown is lifted. So the release date isn’t decided yet.”
The film has fetched the producers a lot of money, mentions the report. The source told Pinkvilla, “Usually digital rights of a big film get sold at record prices of Rs 60-70 crore max. But since this film won’t have a theatrical release and will be straightaway sold to digital, they have fetched a huge price. Laxmmi Bomb has been sold for a staggering Rs 125 crore. But while the number is huge considering digital rates, what one must not forget is that it had the potential of earning over 200 crore at the box office, despite a clash with Salman Khan‘s Radhe. So the total revenue that the team will make out of it, is much less.”
