Indian 2, the highly anticipated sequel to the iconic 1996 film “Indian,” ended up being one of the biggest box office disasters in Tamil cinema. The film, which marked the second collaboration between Kamal Haasan and director Shankar, was expected to recreate the success of the original but instead became a major failure for both the actor and the director. The movie’s poor performance has now reportedly caused issues with its OTT release, which was initially set to follow the theatrical run.
Indian 2 OTT Release in Jeopardy?
Prior to its theatrical release, the post-theatrical OTT rights of “Indian 2” were acquired by Netflix for a substantial amount. The streaming giant secured the rights for the Kamal Haasan starrer for over 120 crores, expecting a significant return on investment. However, following the film’s dismal box office performance, rumors suggest that the OTT release is now in trouble. “Indian 2,” made on a massive budget of Rs. 250 crore, managed to earn only around Rs. 50 crore from its lifetime theatrical run, far below expectations.
Financial Disputes Between Netflix and Filmmakers
Netflix had paid a hefty sum for the streaming rights of “Indian 2” before it hit the big screens. Given the film’s failure to perform at the box office, the streaming platform is reportedly seeking a substantial refund. The platform is not willing to settle for the initial deal of over 120 crores. And is in negotiations to recoup some of its investment. This financial disagreement has created significant obstacles for the film’s OTT release, which was eagerly anticipated by fans of the franchise.
Uncertain OTT Release Date for Indian 2
Initially, it was speculated that “Indian 2” would be available on OTT platforms on August 9, 2024. However, the ongoing financial dispute between Netflix and Lyca Productions has delayed. Any official announcement regarding the OTT release date and time. Despite the movie completing three weeks in theaters. Neither Netflix nor the production house has confirmed when it will be available for streaming. The OTT release date is expected to be announced once the financial disagreement is resolved. But until then, the future of “Indian 2” on streaming platforms remains uncertain.