Great start for WELCOME BACK, 50 crore for PHANTOM!

Great start for WELCOME BACK, 50 crore for PHANTOM! news
S Abid By S Abid | 05 Sep 2015 10:48:32.8200000 IST

The prominent new release of the week, the Anees Bazmee directed WELCOME BACK, the sequel to the highly successful WELCOME, starring Anil, John, Naseer, Nana, Paresh and Shruti, embarked on a good start, during the morning shows, with the best business coming from Mumbai-Maharashtra and Gujarat, as also UP (part of Delhi–UP territory). The film picked up in a big way during the latter shows.

WELCOME BACK AND PHANTOM
WELCOME BACK AND PHANTOM

The first day is expected to be one of the best of the year, maybe amongst the top 3 (14-15 Crore). The Janmashtami holiday on Saturday (in many parts of India) is expected to help the cause of the movie further, resulting in a good weekend haul.

Having said that, WELCOME BACK is a very expensive film, with a 90 crore (all inclusive) cost, and it has to sustain for at least a couple of weeks to emulate the success of WELCOME.

Also Read - Welcome Back Movie Review

Meanwhile, after a good opening weekend (33-34 crore), the Kabir Khan venture, Saif-Katrina starrer PHANTOM, maintained reasonably during the weekdays and ended up netting 49-50 crore during the opening week from India. One must add here that PHANTOM has taken a hit from WELCOME BACK on its second Friday, and the battle for survival becomes tougher, though not impossible.

PHANTOM has to put up at least a 20 crore second week to be considered a plus venture despite handsome recoveries from non-theatrical rights and a decent overseas show.