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Mythri Movies Backs Out Of Akhil's Film

Mythri Movie Makers that have debuted with blockbuster Srimanthudu are currently making Janatha Garage with NTR and Koratala Siva.

The producers have given advances to many other star heroes and directors. They are going to launch very big projects shortly. They were supposed to produce Akkineni Akhil’s second film too.

Vamsi Paidipalli who won accolades with recently released Oopiri is going to direct Akhil’s second film.

As per grapevine, Vamsi Paidipalli has given a budget estimate of 40 crore for Akhil’s film. The producers felt that it is too risky to invest 40 crore on Akhil, who is yet to prove his capabilities as a star.

Over spending on Akhil’s first film Akhil led to disastrous results as that film failed to collect 20 crore at the box office. So the producers weren’t ready to invest 40 crore on this film, instead they have asked the director to cut down the budget estimate to 25 crore.

The deal didn’t work out between the director and producers and hence Mythri Movies backed out of this project, says the buzz. Now Nagarjuna has to either find another production company or produce this film on Annapurna Studios.

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Tags: Akhil Budget Mythri Movies Nagarjuna Oopiri Vamsi Paidipally