Malkapuram Siva Kumar bagged the Telugu theatrical rights of 'S3' for a whooping Rs 18 crore. This is the best price offered for any Suriya-starrer.
If the buzz is to be believed, Mr.Siva Kumar is worried about his investment due to demonetisation and frequent postponement of release date.
The cash crunch situation had an impact on the Box Office revenue of films released post November 8th. In addition, Suriya postponed the release of 'S3' from December 16th to 23rd because of 'Dhruva'. The biggie was again postponed due to Vardah Cyclone in Chennai. Now, Makers were considering January 6th or 26th for the theatrical release.
If the reports are to be believed, Siva Kumar asked Suriya and Gnanavel Raja for return of advance. Due to the recent development, Distributors have back out and demanding Siva Kumar to return the advance they paid so far.
If the buzz is to be believed, Mr.Siva Kumar is worried about his investment due to demonetisation and frequent postponement of release date.
The cash crunch situation had an impact on the Box Office revenue of films released post November 8th. In addition, Suriya postponed the release of 'S3' from December 16th to 23rd because of 'Dhruva'. The biggie was again postponed due to Vardah Cyclone in Chennai. Now, Makers were considering January 6th or 26th for the theatrical release.
If the reports are to be believed, Siva Kumar asked Suriya and Gnanavel Raja for return of advance. Due to the recent development, Distributors have back out and demanding Siva Kumar to return the advance they paid so far.