Peddi sinking in North America

Peddi sinking in North America. Ram Charan's Peddi directed by Buchi Babu Sana hit the screens on 4 June across the world in various languages amidst huge expectations.

The film despite mixed reviews held strong at the box office during the weekend thanks to the word of mouth and Ram Charan's sensational performance.

Now inside talk is Peddi collections are dipping at the North American boxoffice and is sinking completely. The film opened up to $1.5 million plus through the premiers and went strong, raking in $3millions with in no time. However, the film is underperforming at the box office, and many feel that it will be a distant dream to achieve a breakeven.

The breakeven is $6.5 million and it is no where near that mark. To the top of it, the film is facing tough competition from Hollywood biggies. The premium ticket pricing also did not help the cause of Peddi.