'Sye Raa' Overseas Deal was closed for a whooping Rs 15 crore. Phars Films which bagged 'Saaho' rights for Rs 42 crore acquired the distribution rights of Megastar's dream project as well. This is a good figure considering the Overseas market in the recent past.
Mahesh Babu has got a loyal fan following in Overseas. Yet, 'Maharshi' failed to reach the range it should have got inspite of positive reviews and good word-of-mouth. 'Saaho' failed to recover even half of the investment. In such a situation, Obtaining Rs 15 crore is really impressive.
Taking Chiranjeevi's range and Craze for 'Sye Raa' in account, This Deal is like a win-win situation for both the Producer and Distributor. Will Phars Films go for an own release or have a tie-up with experienced Distribution Firms isn't known yet.
'Khaidi No.150' shattered 'Baahubali: The Beginning' premiere record in USA. What impact could 'Sye Raa' create?