The Corona pandemic has resulted in an economic crisis all over the World. Tollywood is no exception for Corona and already few producers are feeling the heat!
The latest news doing rounds in Telugu Film Nagar is all about how Rana is scrapping the plans of his dream project of Rana Guna Sekhar 'Hiranya Kashyapa' for which he worked on the pre production procedures in United States. Now with the lockdown the plans fell apart!
Earlier there were reports that the film 'Hiranya Kashyapa' was stalled which was untrue. The film is planned with 200 Crore budget like a Bahubali is said to be still on but no work is that much happening due to lockdown and crisis in the film industry.
Rana who also produces films individually is said to be worried as the theaters are closed. In the near future they are not in a position to reopen and thus incurring huge losses. He is reportedly not able to work on anything as the lockdown had an huge impact on him and the film industry bit hard!
The latest news doing rounds in Telugu Film Nagar is all about how Rana is scrapping the plans of his dream project of Rana Guna Sekhar 'Hiranya Kashyapa' for which he worked on the pre production procedures in United States. Now with the lockdown the plans fell apart!
Earlier there were reports that the film 'Hiranya Kashyapa' was stalled which was untrue. The film is planned with 200 Crore budget like a Bahubali is said to be still on but no work is that much happening due to lockdown and crisis in the film industry.
Rana who also produces films individually is said to be worried as the theaters are closed. In the near future they are not in a position to reopen and thus incurring huge losses. He is reportedly not able to work on anything as the lockdown had an huge impact on him and the film industry bit hard!