We have been hearing many things about Hari Hara Veeramallu Business.
The movie is just a week away, and the business is not completely locked.
The most important Nizam business is yet to be closed.
The major players here – SVC and Mythri have given their offers, but the producer is reportedly not interested.
AM Ratnam is looking for nothing less than 60 Crore NRA. The offers are right now in the range of 40-45 Crores.
Meanwhile, suddenly, there is a buzz that AM Ratnam will go for his own release in Nizam.
We do not know if it is true. But if it is, it is a huge risk.
For the exhibitors to confidently come forward with advances, they should have the confidence of the Producer and the Distributor.
With no films in his kitty, AM Ratnam does not give that confidence. If he does not have a distributor, it is even more problem.
Buzz is that there is around 140 Crore (Number after Settlement) Finance only with Satya Rangaiah Prasad on this film.
Sources say that Ratnam borrowed 60 crores, and the interest on it is 140 crores. But after the settlement, Satya Rangaiah Prasad agreed to the amount of 140 Crore.
The Advances received from Amazon were reportedly spent on Rules Ranjann and 7/G Brundhavan Colony 2.
Own release in Nizam means at least 40-45 Crore is struck there.
It will become increasingly difficult to clear the Finance on the movie. So, it is not a wise move.
Also, Ratnam is giving the film to new distributors in some areas.
This is also a big risk, as there will be tension until the last minute to see if they honor the committed amounts.
Meanwhile, the team is also trying to increase the promotions.
It is rumored that they will have a Pre-release event in Vizag on the 20th of this month, for which Pawan Kalyan will attend. And it will be the only promotional event of Pawan Kalyan for the film.
