The financial mismanagement of Kuselan seems to have stirred up quite a storm as the distributors and theater owners stepped up their demands of compensation. We had reported earlier that Rajinikanth had flown down from USA to sort out issues and arrive at an amicable solution. He had offered to make a payment of 7 crores to the affected
distributors and exhibitors to cover the losses.A meeting was held today which had representatives from the three councils – producers, distributors and theater owners. At the meeting the distributors and exhibitors strongly resisted the offer of 7 crores and said that it was inadequate to meet their losses. Their stand is at 13 crores which at present is not acceptable to Pyramid Saimira who had bought Kuselan from Kavithalaya. The net worth of Kuselan’s sales to distributors is estimated to be around 60 crores.Kuselan was a small movie made on a rather medium budget in quick time. The only big thing about Kuselan was the presence of Superstar. Yet the movie was sold for such huge prices because of the competition that existed between distributors and theater owners of the same areas who fought tooth and nail to get Kuselan. This artificially pushed up the rates of the movie. This has spiraled into a stand off between the distributors and Pyramid Saimira.In view of the current stalemate of matters, it is more than sure that there will be another round of talks shortly to reach a settlement. Whether Pyramid Saimira bows to pressure or the distributors agree to step down from their demands will be interesting to watch. Or maybe the Superstar will have to take it upon himself once more to save the day.
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