FAN has shown a significantly big drop in both occupancy and collections on Monday. The average occupancy at centres that we tracked has dropped by around 50-60% from Friday and the collections too is low due to cheaper weekday ticket prices.
The drop is Pan-India. Single-screen business has crashed and multiplexes in cities too have shown bigger than expected drops. And unless the film picks up in the night, the Monday collections are likely to come in the 6-7 crore range.
In fact, ‘The Jungle Book’ is now recording higher percentage occupancy at multiplexes. FAN has significantly higher number of shows than ‘The Jungle Book’, which will divide the business and reduce occupancy, but it cannot be forgotten that FAN is running in its first week and it was the biggest film so far this year.
The evening / night shows could still pick up at multiplexes, like they usually do in major cities, but the occupancy both in the morning and noon is pretty low for the fourth day of a big film like FAN.
Starring Shah Rukh Khan in the lead, FAN collected Rs 52.35 crore in its first weekend at the domestic (India) box office. The film has been made on a budget of Rs 105 crore, excluding the lead actor’s fee.