Thursday, June 24, 2010

‘Rakta Charitra’ Telugu Rights @ Rs 12 Cr

C Kalyan, the Tollywood producer has bought the Telugu version rights of ‘Rakta Charitra’ (including both distribution and satellite) at Rs 12 Cr. The film sold for coastal rights at Rs 4.5 Cr, Rayalseema at around Rs 3 Cr, Nizam at around Rs 3.5 Cr and remaining for satellite; while Guntur, Krishna and Nellore rights were bagged by Hari Pictures took those. At this rate C Kalyan gets a table profit of cool Rs 2 Cr, say sources.

It is known that C Kalyan is the President of South Indian Film Chamber. A few days ago it’s known that Film Employees Federation of South India (FEFSI) is not lenient with anyone attending IIFA awards function in Sri Lanka and have united to boycott the films of celebrities who had participated in the award ceremony. In this respect the movie is facing toughest phase for the release in South India.

As C Kalyan is the President of SIFC, the rights were sold to him. As he has good grip over the film fraternity Southern States, he can make the movie run well. That’s the logic.

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