Both 'Gauthamiputra Satakarni' and 'Baahubali 2' were sold off to various distributors for different areas for record price.
In Nandamuri Balakrishan’s career, no film was bought by distributors for such whopping prices.
In Nizam, Nithin’s father Sudhakar Reddy bought it for Rs 11 Cr. For Ceded and Vizag areas, producer Sai Korrepati took the rights and he reportedly agreed to pay Rs 9 Cr to Ceded area.
These are the record figures and deals were done for this. But latest buzz in the industry is that after demonetization, these deals will be modified as the distributors would find tough to adjust the money now all in white.
Most common practice in movie industry is giving some amount through cheque and rest in black.
As recently IT officials raided distributor Asian Movies for the deals of “Baahubali 2”, all the leading distributors fear the prospect of visit of Income Tax officials. So “Gauthamiputra Satakarni” may suffer some amount in already agreed business.
At the time of the movie’s release, payment is done. By that time, the distributors may cut down the price given the current situation.
Similar situation may happen to “Baahubali 2” but the movie releases in summer, so by then scenario may turn good. So immediate impact is going to be on “Gauthamiputra Satakarni”.
