With buyers already losing Rs 50 crores, the team of NTR is not even bothered about the buyers and opened business for the second installment. Balayya and his team made huge profits with the theatrical rights, satellite and digital deals. Now the makers decided to return back 25% of the losses of NTR – Kathanayakudu to the buyers and are quoting new rates to release NTR – Mahanayakudu which is a huge shock for buyers. The makers promised to offer second installment NTR – Mahanayakudu if the first part ends up in losses. Leaving everyone in surprise, the film under performed and left the buyers in a hefty loss of Rs 50 crores.
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The movie is made in two parts and the first part NTR – Kathanayakudu was sold for huge prices for hardcore NTR, TDP fans and most of the buyers hail from a specific caste. Though the film was planned in a single part, it witnessed several changes as time progressed. If you are interested in full-time or freelance, email us at Balakrishna said that he took things prestigious for the biopic of his father NTR. Telugu360 is always open for the best and bright journalists. The regular shooting will commence in mid Summer.
Sources said that Boyapati has agreed to these two conditions and started working on the pre production of the project. So, he has told him cut down the budget and alloted 50 Crores.Īlso, Boyapati Srinu was asked to use the office of NBK films to reduce additional expenses while working on the project. As Boyapati’s recent film Vinaya Vidheya Rama ended as a huge flop at box office leaving buyers in heavy losses, Balakrishna is not willing to take risk with such high budget. But, Balakrishna didn’t agree to his lavish plans and has asked him to complete the film within 50 Crores budget. Reportedly, Boyapati has quoted a hefty budget of 70 Crores for this project. Close sources revealed that Balakrishna has decided to put a cap on budget for Boyapati’s film. If you are interested in full-time or freelance, email us at the disastrous box office result of NTR Kathanayakudu, Nandamuri Balakrishna is very cautious about the budget of his next project which will be helmed by Boyapati Srinu. The biopic is made in two parts to showcase the political journey and cinema life of NTR, but due to lack of emotional connect in the story, both films failed to strike a chord with all sections of audience. Trade circles are shell shocked looking at the dismal performance of this prestigious biopic which is directed by Krish Jagarlamudi.
Due to this, the expectations on the second part are very low.
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The first part tanked heavily in overseas as it failed to surpass even the million dollar mark in its full run despite a decent start. With Friday’s $ 40K and Saturday’s $ 25k ( as of this writing ), the film is set to become a huge box office dud in overseas. The film, which released last Friday amidst low expectations, is performing very badly in the first weekend due to the poor response from overseas audience.Īfter taking a dull start with a disappointing $ 100K from Thursday premiers, NTR Mahanayakudu showed no signs of improvement towards the weekend. Nandamuri Balakrishna’s Mahanayakudu, the second part of prestigious NTR biopic, is heading towards becoming a colossal disaster at the US box office.
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