Bollywood superstar Akshay Kumar has gone out of his way with producer Firoz Nadiadwala to revive his upcoming franchise films Hera Pheri 3 and Welcome 3. The actor has decided to forgo his acting fees to help bring the cult comedy franchises back to life, and cracked a profit sharing deal expecting them to be major blockbusters. Not just that, actor himself reached out to producer, Firoz to clear the differences and even brought Jio studios on board. While Welcome 3 begins soon, Hera Pheri 3 is slated to go on floors in 2024.
When Akshay Kumar Heard About Kartik Aaryan Replacing Him
“Akshay Kumar was himself very sad when he heard that Kartik Aaryan was replacing him in Hera Pheri 3. He read all the reactions of fans and media people and then decided to sort out all the differences with Firoz Nadiadwala, and thereby return to the franchise. He has done it for all his fans, who wanted to see him as Raju and Rajeev,” revealed a source close to the development to Bollywood Hungama.
Akshay Kumar In A Profit-Sharing Agreement With Firoz Nadiadwala
Akshay Kumar has sacrificed his acting fees for the two movies and entered into a profit-sharing model with Firoz Nadiadwala on entire revenue. Firoz wanted to retain the intellectual property, and hence he has complete control over it. However, he will be sharing revenue with Akshay in a pre-decided ratio.
“Akshay knew that Firoz Nadiadwala isn’t in best of financial condition, however, was very well aware that the basic idea of Welcome 3 and Hera Pheri 3 have potential to emerge as a humongous blockbuster. To start with, he first decided to completely sacrifice his fees, and entered into a profit-sharing model with Firoz Nadiadwala on entire revenue. Firoz wanted to retain the IP, and hence he has complete control over the IP, however, he will be sharing revenue with Akshay in a pre-decided ratio,” the source added.
As a token of appreciation for going out of the way, Firoz Nadiadwala has given 2 cheques of Rs. 9 crore each as a token amount to Akshay, which qualifies as a goodwill gesture from his end.
Akshay Kumar Brought Jio Studios On Board For Welcome 3, Hera Pheri 3
The source further explained, “On letting go of the fees, he sat down with Firoz to carve out an exit plan by getting a studio on board. He personally spoke to Jio Studios and got them on board to partner with Firoz Nadiadwala. Once Jio came on board, it was one arrow, 3 solutions – Firoz got out of his debts, the franchises were revived and Akshay will be getting his share of profit from Jio, without any risk of films getting shelved.”
Hera Pheri and Welcome are two of the most popular comedy franchises in Bollywood. The first two installments of both franchises were huge hits, and fans have been eagerly waiting for their sequels. With Akshay Kumar’s decision to forgo his acting fees, it is evident that he is confident about the success of these movies.
Akshay Kumar Announces Welcome 3 With 24 Actors
Bollywood’s beloved ‘Welcome’ franchise gears up to deliver a laughter-packed family entertainer, ‘Welcome to the Jungle.’ This third instalment promises to be a grand spectacle, uniting a star-studded ensemble cast in a historic cinematic extravaganza.
The ‘Welcome’ franchise has long been celebrated for bringing families together in theatres, creating moments of shared laughter and unforgettable memories. With ‘Welcome to the Jungle,’ this tradition is set to continue, as the film aims to cater to audiences of all ages, from the youngest to the oldest members of the family.
Taking to his official X handle, Akshay shared a tweet which reads: “Khud ko aur aap sab ko ek birthday gift diya hai aaj. If you like it and say thanks, I’d say Welcome(3) #WelcomeToTheJungle https://youtu.be/L0L3GGgRMn In cinemas, Christmas – 20th December, 2024. #Welcome3”
— Akshay Kumar (@akshaykumar) September 9, 2023
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