Bollywood perfectionist Aamir Khan has a unique way of charging money from his films, as he revealed that he considers the profit and loss of the movie before demanding money.
Aamir was speaking at a conference in Mumbai where he spoke in detail about how he charges from filmmakers for his movies. Aamir believes that people investing their money in him shouldn’t be in loss by any means, which is why he feels responsible for the profit and loss of the movie.
“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 making, people who are investing money should not be in loss. I don’t allow the producer to shoulder the responsibility alone. I have heard of situations where an actor charges upfront fees. When you are charging upfront fees, you are loading the project, and then on top of that again you are charging a percentage of profits,” he said.
Speaking about the business model he works on, Aamir said, “The model that I work on is that, say a film costs Rs 100 crore to make. It consists of everything. I don’t take any money in that. So, when the film releases, I get zero money. As it starts earning money, that money goes into P&A [Promotions and Advertising], which is over and above 100 crores. Once P&A is recovered, the producer has recovered his money back and everybody has got their fees, then I go into the percentage of profits,” Indian media reported.
He also said that if his film fails at box office then he doesn’t charge any money from the makers. “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,” he said.
Aamir is known as Bollywood perfectionist as his movies never fail at box office. He chooses his projects very carefully and puts his blood, sweat and tears in it.
The superstar will next be seen in ‘Thugs of Hindustan’ alongside Amitabh Bachchan, Katrina Kaif and Fatima Sana Sheikh.