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Saahasam Producer Not Worried About Losses

Of all the producers in Tollywood, one guy who is not worried about the demonetization and losses is Miriyala Ravinder Reddy whose first production was Naga Chaitanya starrer "Saahasam Swaasaga Saagipo".

When top production houses like Geetha Arts are weighing options, he went ahead and released the film in AP and Telangana as per the original agreement with the distributors.

The film only received reasonable amount in Hyderabad and rest of areas in both the states it bombed. 

Many theaters all over India are being shut due to lack of audiences in the wake of demonetization. But Miriyala Ravinder Reddy took the risk as he reportedly guessed that the movie will not attract the general audiences even if it is released in the most "favorable time".

Not only that he is still taking another gamble of producing Bellamkonda Srinivas's movie in the direction of Boyapati Srinivas with the huge budget of Rs 35 Cr. 

His well wishers told him to back off from this production using the current situation of lack of money available in banks, but he is said to be hell-bent on going ahead.

He is saying that if he produces this movie with Boyapati as director, he would be established as big player in the industry.

He is taking this movie as card to make a name for himself in Tollywood. So he is said to be prepared for losses for the second movie as well.



Tags: Bellamkonda Srinivas Boyapati Srinu Miriyala Ravinder Reddy Sahasam Swasaga Sagipo