Financiers Saying No To Struggling Director's Film

He is a director who has seen heights in his career but he is past his prime and has been struggling for a decade. Recently, he materialized a film with another struggling hero. A new producer and a producer who broke away from a happening production house together were named as producers for the film.

While they enthusiastically started the project, very soon there were differences between the partners bringing problems for the film.

Also Read – NTR & Charan: Two Disasters, But Lot Of Hope

It appeared as if they could not work together but they reconciled.

The film got stalled once due to finance but it was brought on track.

Also Read – Can Trivikram Succeed Where Nag Ashwin Faltered?

Sources say that still there are issues between the partners and financiers are shying away from the project.

A talk has gone into the market that each of the producers is not honoring the agreements made by the other producer. Financiers fear that this may create a big mess in the future.

Also Read – Rashmika Replaces Samantha: Film Postponed

The non-theatrical market crisis made things much worse.

Recently, the director and the producers met a Leading Financier to finance the film. The producers gave all kinds of assurance to him and the director promised to finish the movie cost-effectively.

The financier appeared positive in the meeting. They were expecting good news but he sent them a message that he is not interested.

The same financier previously gave 4 Crore Rupees finance for the film for the first schedule. He is now asking to pay back that amount as well.

The movie is around 50% complete so far. They are now trying to pool money from other sources.

As if the existing problems are not enough, this problem has become a new headache for the director.