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How Shah Rukh Khan's 'Pathaan' revived Yash Raj Films’ fortunes

How Shah Rukh Khan's 'Pathaan' revived Yash Raj Films’ fortunes

Some smart marketing and a contra strategy has worked well. YRF is set to rake in record profits through the release.

Krishna Gopalan
Krishna Gopalan
  • Updated Jan 30, 2023 3:27 PM IST
How Shah Rukh Khan's 'Pathaan' revived Yash Raj Films’ fortunes How Shah Rukh Khan's 'Pathaan' revived Yash Raj Films’ fortunes

For all the commercial success that the Shah Rukh Khan-starrer Pathaan has had, it remains a bit of an interesting story. The star cast did not do any major promotion, be it roadshows or media appearances. Sounds surprising? Yes, it is, but that is how Yash Raj Films (YRF), the producer, has approached this big-ticket project.

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YRF has not had it easy after four consecutive flops – Bunty Aur Babli 2, Jayeshbhai Jordaar, Samrat Prithviraj and Shamshera. Taran Adarsh says 2022 was “a terrible year” for the banner and was worsened since all its films had big stars. “They can breathe easy now and plan well for the forthcoming releases,” is his view. The next big one, Tiger 3 is scheduled to hit the theatres during Diwali this year. “From an industry point of view as well, the success of Pathaan will lead to a more positive sentiment and confidence,” thinks Adarsh. The year gone by has been forgettable with a handful of successes to speak of, with the films from the south dubbed in Hindi taking complete charge of the box-office.

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Just what worked well for Pathaan? At Rs 240 crore, this is not a small-budget film. Producer and film business expert, Girish Johar, while giving YRF a lot of credit, says the strategy was to get “the stars to go into hiding.” According to him, not only were they low on visibility, fans got nothing beyond the film’s trailer and music that were promoted on digital and television. “It’s an approach that could have easily backfired but it actually led to more curiosity [about] the film. In fact, it whetted the appetite of the average fan,” says Johar.

That apart, it was a throwback to the past where stars always had a scarcity value attached to their persona. “By lying low, YRF has been very smart and also spent its money wisely,” he explains. It is estimated that the total outgo on promotion and advertising was Rs 35-40 crore (some industry trackers believe it might be even lower) compared to nothing less than Rs 70 crore for a film from YRF and with a top star like Khan. Again, the pre-sale of satellite, digital and music for over Rs 200 crore meant only Rs 65-70 crore needed to come from the box-office. At current trends for both the domestic and overseas markets, YRF could easily make a profit upwards of Rs 200 crore. Johar thinks Pathaan will see people coming back to the movie halls than deciding to watch it on OTT. Needless to say, the films in the pipeline across banners will need to deliver on quality.

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Design: Mohsin Shaikh

Also read: ‘Tiger ka toh main bhi fan hoon’: Shah Rukh Khan calls Salman Khan GOAT

Also read: Shah Rukh Khan's Pathaan a tech spectacle: From IMAX to crazy green screens

ABOUT THE AUTHOR

Krishna Gopalan
Krishna Gopalan

Based in Mumbai, Krishna Gopalan has reported across sectors that include telecommunications, cement, media and entertainment, private equity, consumer and metals. His current job profile entails writing on large conglomerates for which he interviews prominent CEOs. Krishna has a deep interest in business strategy and is intrigued by why organisations do what they do. His writing experience of over 25 years has had stints in The Financial Express, The Economic Times, Fortune India and Outlook Business. At Business Today, he contributes to the magazine, online and also appears on television.

Krishna reads widely on business, politics and Indian history. A Chevening scholar (batch of 2007), he spent three months in the UK that included an internship with the Financial Times in London. He is a published author with his first book, The Making of Don, based on the 1978 Hindi film starring Amitabh Bachchan, hitting the stands in 2013. Academically, he is a postgraduate in Economics from the University of Madras and holds an MBA from NMIMS, Mumbai.

Published on: Jan 30, 2023 3:27 PM IST