Someway the entry of company movie funding into Tollywood has by no means turned out to be fruitful. The likes of Eros, Reliance, Disney, Foxstar and even Sony Leisure has invested in some large Telugu movies, however they’ve posted large losses, after which they ran away from Hyderabad. And it seems to be like now corporates acquired a brand new plan for Telugu makers.
At the moment, we now have Zee Studios funding Nagarjuna Akkineni’s upcoming movie Bangarraju, which additionally has Naga Chaitanya as one other lead. It’s being stated that Zee can be shopping for out the movie in its entirety, proudly owning theatrical rights, remake rights, satellite tv for pc and OTT gross sales as nicely. They are going to be retaining OTT and satellite tv for pc rights, whereas theatrical rights can be offered to native distributors. After all, this isn’t a brand new plan, however right here goes the twist.
They are saying that any manufacturing home that’s bankrolling large tasks ought to truly first wrap the movie with out taking a single rupee as advance from this company firm. Which means, Nagarjuna must full the entire film via Annapurna Studios first, and Zee can pay them the agreed sum solely after the primary copy is prepared. That method, Zee won’t be pouring more money for manufacturing, and likewise saves curiosity on their very own funding. For now, they only signed the deal, whereas actual spending will come into the image solely after the movie is prepared.
Earlier, when large company giants like Reliance entered Tollywood, our filmmakers squeezed 3 occasions the same old expenditure from them, by saying that budgets acquired overshot. And now, OTT and Company firms are usually not giving such scope to Telugu makers. Implementing this new plan, we hear that each Hotstar+Disney and Sony Leisure will even begin producing Telugu movies very quickly, although Sony invested in Mahesh’s manufacturing enterprise Main film as nicely.
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