The latest buzz in film nagar is Shyam Prasad Reddy is quoting a whopping Rs 7 Crores for his latest Blockbuster Arundhathi satellite rights. About an year ago, the satellite rights of Arundhathi were sold to a person from the industry for Rs One Crore. It is heard that Shyam Prasad Reddy approached the same person just before the release of the film and requested to return the rights to him. But that person quoted the price as Rs 1.35 Crores and Shyam paid that amount to him without a second thought. After the release the same person again is said to have approached Shyam for satellite rights, Shyam is quoting the price Rs.7 crores. This man does surely knows how to do business!!!
Tuesday, February 17, 2009
'Arundhathi' Satellite rights for Rs 7 Crores
The latest buzz in film nagar is Shyam Prasad Reddy is quoting a whopping Rs 7 Crores for his latest Blockbuster Arundhathi satellite rights. About an year ago, the satellite rights of Arundhathi were sold to a person from the industry for Rs One Crore. It is heard that Shyam Prasad Reddy approached the same person just before the release of the film and requested to return the rights to him. But that person quoted the price as Rs 1.35 Crores and Shyam paid that amount to him without a second thought. After the release the same person again is said to have approached Shyam for satellite rights, Shyam is quoting the price Rs.7 crores. This man does surely knows how to do business!!!
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