Telugu cinema hero and Mass Maharaja Ravi Teja's recent release 'Veera' has bombed at the box office. The movie released with great expectations but turned out to be a miserable failure causing huge losses to distributors and exhibitors and the situation is pretty much the same even in USA.

Reports say that 'Veera' movie overseas rights were sold out for Rs. 50 lakhs but the movie opened to a lackluster openings where the movie engrossed Rs. 10,00,000 ($20000) during the first week end. And now distributors and exhibitors cry that these charges are not even enough to meet the transport and print charges of the movies. Trade pandits say that 'Veera' is the next biggest loser after Balakrishna's 'Parama Veera Chakra'.