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NTR Mahanayakudu Disputes Resolved
By: Tupaki Desk | 13 Feb 2019 1:16 PM GMT
After 'NTR Kathanayakudu' Box Office failure, Makers assured to compensate the hefty losses of Part 1 with Part 2. The issue related to the distribution rights of 'NTR Mahanayakudu' was finally resolved Yesterday.
Makers decided to offer Overseas Rights of 'NTR Mahanayakudu' to the Distributor of Part 1, US Telugu. Initially, The US Distributor hesitated to make any payment for Part 2 citing Rs 6 crore loss with Part 1. Whereas, Producers sought Rs 2 crore cash & Rs 1 crore cheque which will be deposited only if the film hits the bull's eye. At last, US Distributor agreed to pay Rs 1.5 crore cash and another Rs 1 crore if the film turns out to be successful.
Co-Producer Sai Korrapati incurred huge losses by distributing 'NTR Kathanayakudu' in Uttar Andhra, Ceded, Krishna and Karnataka. Balakrishna has decided to offer Uttar Andhra and Krishna rights of Part 2 for him to compensate the loss. Theatrical Rights of Part 2 were mostly offered to Part 1 Distributors either for nominal prices or free of cost.
As the makers reached an agreement with all the Distributors, 'NTR Mahanayakudu' is likely to have a smooth release on February 22nd, 2019.
Makers decided to offer Overseas Rights of 'NTR Mahanayakudu' to the Distributor of Part 1, US Telugu. Initially, The US Distributor hesitated to make any payment for Part 2 citing Rs 6 crore loss with Part 1. Whereas, Producers sought Rs 2 crore cash & Rs 1 crore cheque which will be deposited only if the film hits the bull's eye. At last, US Distributor agreed to pay Rs 1.5 crore cash and another Rs 1 crore if the film turns out to be successful.
Co-Producer Sai Korrapati incurred huge losses by distributing 'NTR Kathanayakudu' in Uttar Andhra, Ceded, Krishna and Karnataka. Balakrishna has decided to offer Uttar Andhra and Krishna rights of Part 2 for him to compensate the loss. Theatrical Rights of Part 2 were mostly offered to Part 1 Distributors either for nominal prices or free of cost.
As the makers reached an agreement with all the Distributors, 'NTR Mahanayakudu' is likely to have a smooth release on February 22nd, 2019.
