Budgets going over the board and producers facing release tensions are not new for Tollywood. But popular production ’14 Reels’ is said to be rolling the dice for wrong numbers again and again. Even after ‘1 Nenokkadine’ has over shot than expected only to push them into a financing deal with ‘Eros’, there seems to be no control over their immediate production venture, Mahesh Babu’s ‘Aagadu’.
Some unconfirmed reports indicated that Mahesh’s movie was initially planned at a budget of 38 crores such that there will be cool profits for all the involved parties. However during production all the costs have gone overboard with an excess 15 crores spun into the shootings. Total budget has finally shot up to 55+ Crores, forcing the producers to seek help from EROS Group again.
Earlier the same company has bailed out ‘1 Nenokkadine’, not from debts but from release-trouble. It is heard that ’14 Reels’ still owes some money to Eros regarding Sukumar’s intelligent flick. And now, they are heard taking a fresh loan from the Bollywood marketing giant to secure smooth release for ‘Aagadu’.
Authenticity of these reports could not be verified, but we can say that these stories are catching pace ever since ‘Aagadu’ posters started featuring logos of ‘Eros Group’. It seems like a ‘blockbuster’ and ‘industry hit’ kind of result should happen to post smileys on the faces of involved stake holders.