I take higher cut in film profits, says Aamir
Mumbai, Aug 1 : Superstar Aamir Khan says he takes a higher cut in films' profits because he risks his time on projects. But he does so only after the cost of each film is recovered in every aspect.
The actor-producer gave out the information on the inaugural day of the fifth Indian Screenwriters Conference here on Wednesday.
During an interactive session on the topic ‘Writers VS Producers: Can they never be allies?', Aamir was asked: "There is a worrying trend that now the star has started taking about 80 per cent of the film, not profit but actually as his fees. Even though he is letting his fees go, it ultimately comes to the actor taking away 80 per cent. In 20 per cent how are we going to make a successful film?"
The actor replied: "My first rupee comes to me when the film's cost is recovered in every aspect, after the producer's and everybody else's money is recovered. That's the model I work with, and certainly, I take a higher cut in the percentage because I am risking my time on that, and I think producers are happy with that too."
Explaining the model, he shared: "The model that I work on is that, say a film costs Rs 100 crore to make. It consists of everything - cast, crew, production cost, post-production cost and everything comes in that. I don't take any money in that. I take nothing.
"So, when the film releases, I get zero money. And as it starts earning money, that money goes into P and A (Promotions and Advertising), which is over and above Rs 100 crore. Say P and A is Rs 25 crore, it then goes into recovering that.
"Once P and A is recovered, the producer has recovered his money, and everybody has got their fees...then I go into the percentage of profits. This way, there is no way that the producer can lose any money. And if for some reason, the film has not recovered the money, that it didn't do well, then I don't get any money," he said.
Being part of some of the iconic films like "Dangal", "PK", "3 Idiots" and "Lagaan", Aamir believes that the script plays an important role in the success of a film.
"I think the script is the foundation (of a film) and I make sure that once I love the story and the film is in the making, people who are investing money should not be in loss. I don't allow the producer to shoulder the responsibility alone," he said.
He believes that sharing the responsibility of making the film commercially successful also secures his career and builds trust with the producers and financiers of films.
"I think this is the best business model for film and our business because in most of my films, if producer is not losing money, it is but obvious that he will sign me for the next film. That is why I always ensure that if I am signed in a film, there is no loss," he said.
Citing the example of the 2001 film "Lagaan", Aamir said: "Since that film was one of the expensive films of that time and was breaking a lot of rules of mainstream Indian cinema and that is why I felt the importance of taking the responsibility.
"That apart, I know when I come on board, producers and financiers do not question me on the subject I chose for a film because they trust me, they have faith in me. That is why I want to ensure the profit."
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Sunrisers Hyderabad defeat Punjab Kings by four wickets in IPL
Hyderabad, May 19: Sunrisers Hyderabad crushed Punjab Kings by four wickets to end the league phase of the Indian Premier League with 17 points here on Sunday.
Chasing 215, SRH overhauled the target with five balls to spare after opener Abhishek Sharma hammered a 28-ball 66 (6x6s, 5x4s).
SRH were also bolstered by contributions from Rahul Tripathi (33), Nitish Reddy (37) and Heinrich Klaasen (42) along the way.
Earlier in the contest, Punjab Kings were helped by Prabhsimran Singh's quick fire 71 as well as useful contributions from opener Atharva Taide (46) and Rilee Rossouw (49) to post 214/5 on board.
Prabhsimran and Taide added 97 runs from just 55 balls. While Taide scored 46 from 27 balls with five fours and two sixes, Prabhsimran hit seven sixes and four fours for his 45-ball 71.
Rossouw signed off with a 24-ball 49 with four sixes and three fours while stand-in skipper Jitesh Sharma produced late fireworks to make 32 not out.
Brief scores:
Punjab Kings 214/5 in 20 overs (Atharva Taide 46, Prabhsimran Singh 71, Rilee Rossouw 49; T Natarajan 2/33).
Hyderabad 215/6 in 19.1 overs (Abhishek Sharma 66, Rahul Tripathi 33, Nitish Reddy 37, Heinrich Klaasen 42; Arshdeep Singh 2/37) by 4 wickets.
