Even though he came to Tollywood with a background, Natasimha Nandamuri Balakrishna has already proven his talents. Furthermore, Balakrishna makes movies continuously without regard to success or failure. He is now working on a movie called Veerasimha Reddy after the huge success of Akhanda last year. Recently, this mass action entertainer received a huge offer. Here are the details!
The theatrical business
Expectations are gradually growing for the upcoming movie ‘Veerasimha Reddy’ with a powerful story and a factional backdrop. Additionally, it is gaining more reach because of the updates coming from this movie. The rights to this film became highly sought after as a result. Thus, the film earned Rs. 83 crores in theatrical business sales.
Ceeded rights sell at a high rate
Competition has arisen for the rights of the upcoming Palnadu faction-themed film Veerasimha Reddy. It is significant to note that many big companies competed for the Ceeded area rights in areas where Balayya enjoyed a significant market share. According to trade circles, the latest seeded rights for this film are Rs. 12.50 crores.
Setting a new record
The Ceeded rights to Balayya’s last blockbuster hit, Akhanda, were sold for Rs. 10.60 crores. In total, the movie collected Rs. 16.05 crore. This resulted in a huge demand for Veerasimha Reddy. Accordingly, its rights have now been sold for Rs. 12.50 crores. In the ceded area, Balayya set a reco