He is a star producer and is regarded as the king of Nizam. He has a strong gip over distribution, exhibitors, theatres and film production. He has a good rapport with all the star heroes. He is also known for his huge luck and superior judgement skills. But none of it is working from the past two years. His brand value is going down drastically. Insiders are saying that his golden hand is slowly turning into iron lately.
At this time, the deadly Coronavirus affected his fortunes badly. All his hopes of scoring hits have vanished. 2019 was bad for him but 2020 turned worse. He thought of covering up the losses of 2019 in 2020 but we all know how this year ended up. His Sankranti release with a huge star hero was publicised as a blockbuster but the collections in reality were way less as per sources. He presented the movie and did not get proper returns for his investment.
His next film with a young hero ended up being a big disaster. He pinned a lot of hopes on his latest OTT release but the talk of the film is very average. He got some profits due to digital release but his brand value took a severe beating.
During this time, he is said to have received a shocking twist. News is that the lease agreements he signed for a lot of theatres are ending this year. He is facing huge blows one after the other these days and we need to see how he recovers from it.
At this time, the deadly Coronavirus affected his fortunes badly. All his hopes of scoring hits have vanished. 2019 was bad for him but 2020 turned worse. He thought of covering up the losses of 2019 in 2020 but we all know how this year ended up. His Sankranti release with a huge star hero was publicised as a blockbuster but the collections in reality were way less as per sources. He presented the movie and did not get proper returns for his investment.
His next film with a young hero ended up being a big disaster. He pinned a lot of hopes on his latest OTT release but the talk of the film is very average. He got some profits due to digital release but his brand value took a severe beating.
During this time, he is said to have received a shocking twist. News is that the lease agreements he signed for a lot of theatres are ending this year. He is facing huge blows one after the other these days and we need to see how he recovers from it.