As the theatrical business looks uncertain to get back into its previous state anytime soon, producers with finished products are getting frustrated by the day.
Top producers Suresh and Aravind believe that the theatrical business wouldn’t restart until the end of this year.
OTT platforms are seeing this as an opportunity to bag the direct to OTT release rights of some notable films. They are even approaching top producers like Dil Raju.
If the buzz is to be believed, an OTT giant has offered to buy the rights of V movie starring Nani and Sudheer Babu. Dil Raju may take the offer if they pay Rs 35 Cr for the rights.
The OTT giant is willing to pay Rs 20 Cr and later give him a share as per the minutes the movie is streamed after the first week of its release.
Netflix and Amazon Prime are in talks with other producers of the films that are ready for release.
As of now, the producers are still waiting for further developments before taking a call on going digital.
