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5 Cr Table Profit, Majnu Producer Hits A Jackpot!

5 Cr Table Profit, Majnu Producer Hits A Jackpot!

Naga Chaitanya's upcoming film Majnu (not official yet) is one of the most anticipated. Well, that is what the pre release business details suggest.

This is a remake of Malayalam blockbuster Premam that has recently completed its 250 days run and still going great guns.

Chandu Mondeti of Kartikeya fame is at the helm for Majnu produced by S. Radha Krishna. Buyers are betting big on this film that Radha Krishna has already made over Rs. 5 crore table profits on it.

As per trade sources Radhakrishna has sold of entire distribution rights and satellite rights of the movie for Rs. 22 crore. This deal doesn’t include Krishna district as the producer himself wants to release it there.

Production cost of this film after including remunerations and interest on the finances will go up to Rs. 16 to Rs. 17 crore. So Radha Krishna made more than five crore table profit and has Krishna district distribution rights with him.

The producer is smiling all the way to the bank even before the filming is complete. Title of the film is not yet been official let alone the release date.

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Tags: Chandoo Mondeti Majnu Naga Chaitanya Radha Krishna