Is this Telugu filmmaker under huge financial pressure? – Times of India
Ace director Korala Siva is currently directing a big-budget film ‘Acharya’, starring Megastar Chiranjeevi in the lead role. Chiranjeevi’s son Ram Charan is producing this film apart from playing a crucial role in it.
The action entertainer had postponed its shoot multiple times due to the Covid-19 pandemic already and it has accumulated lots of interests due to the delay in the project.
As per the reports, Chiranjeevi and Ram Charan will take their remunerations for the project. Matinee Entertainments Niranjan Reddy was reportedly promised some profits for pooling in the resources for the movie. Koratala is reportedly yet to receive his remuneration.
With no clarity about the release date due to the ongoing issues in Andhra Pradesh, the film might not make much money. Acharya will only release after full occupancy is allowed in the theatres. But, AP Government is functioning against ticket prices hike for big films, The Govt is also against full occupancy, extra shows, and preview shows.
Therefore the distributors will be severely affected by buying a film for a whopping price. Inturn, the makers will lose huge money due to all the above factors. The film’s non-theatrical deals have reportedly been closed already. The only business pending is film theatres. Therefore, Koratla Siva is reported to be under financial pressure.
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