The film industry is prone to many gossips and rumours. All the rumours need not be clarified or cleared but some of them need immediate response officially. If not, they may affect the reputation and image of the people.
One such rumour popped up over Megastar Chiranjeevi's 'Acharya'. This film is being jointly produced by Ram Charan and Matinee Entertainments. Rumour says that Ram Charan is not investing a single penny over this flick but will be getting a share in the profits just because of attaching his 'Konidela Production Company' banner to this film. Allegedly Matinee Entertainments are bearing the entire costs of 'Acharya' directed by Koatala Siva.
With this rumour spreading so quickly, Niranjan Reddy, the head of Matinee Entertainments issued a press release saying all this news is completely incorrect. He said that both of them are contributing equally without any issues.
It is definitely good to see Niranjan Reddy & team coming to the aid of Mega Power star. Apart from investing, Charan is also doing a key role in this flick. Music is being scored by veteran Mani Sharma.
One such rumour popped up over Megastar Chiranjeevi's 'Acharya'. This film is being jointly produced by Ram Charan and Matinee Entertainments. Rumour says that Ram Charan is not investing a single penny over this flick but will be getting a share in the profits just because of attaching his 'Konidela Production Company' banner to this film. Allegedly Matinee Entertainments are bearing the entire costs of 'Acharya' directed by Koatala Siva.
With this rumour spreading so quickly, Niranjan Reddy, the head of Matinee Entertainments issued a press release saying all this news is completely incorrect. He said that both of them are contributing equally without any issues.
It is definitely good to see Niranjan Reddy & team coming to the aid of Mega Power star. Apart from investing, Charan is also doing a key role in this flick. Music is being scored by veteran Mani Sharma.