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Financiers hounding AD producer!
By: Tupaki Desk | 24 Sep 2013 3:42 AM GMT
The leaked version of AD movie has created mild strokes for many of the big people in industry and tollywood witnessed the worst scenario in recent days.
Finally the big man ,Produced BVSN Prasad need to face the ire of the leakage and already some of the financiers started itching the producer.Its known that every producer need to go through the financiers for investing on a movie and no one has exempted from the scenario.
Already the movie has postponed three times till now and the producer came across with lakhs of loss in form of the interests.Its known that BVSN Prasad has pre-pone the release date of the movie to reduce the loss.But some of the existing distributors and buyers are threatening to back out from the deal. Some of them are offering as much as 20% of the preagreed amounts.
Otherside, Financiers were all hounding BVSN Prasad to clear their payments immediately. All the industry biggies including suresh babu ,Allu Arvind are pledging their support to BVSN Prasad at this hour of crisis and some of them came forward to help him release the movie.
Hope the release went smooth without hurdles and relieve the producer from financial crisis.
Finally the big man ,Produced BVSN Prasad need to face the ire of the leakage and already some of the financiers started itching the producer.Its known that every producer need to go through the financiers for investing on a movie and no one has exempted from the scenario.
Already the movie has postponed three times till now and the producer came across with lakhs of loss in form of the interests.Its known that BVSN Prasad has pre-pone the release date of the movie to reduce the loss.But some of the existing distributors and buyers are threatening to back out from the deal. Some of them are offering as much as 20% of the preagreed amounts.
Otherside, Financiers were all hounding BVSN Prasad to clear their payments immediately. All the industry biggies including suresh babu ,Allu Arvind are pledging their support to BVSN Prasad at this hour of crisis and some of them came forward to help him release the movie.
Hope the release went smooth without hurdles and relieve the producer from financial crisis.
