Pawan Kalyan left Mythri Movie Makers
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The craziest star of Telugu, Powerstar Pawan Kalyan has left movies for Politics after Agnyathavasi. However, some makers who gave advances to Pawan are in a perplexed situation due to his political plans.
Ace production banner Mythri Movie Makers has signed a deal with Pawan Kalyan in the past. They bought call sheets of Pawan for a movie under Santosh Srinivas. For 40 days, they agreed to pay 40 crores which almost gives us the equation of one crore per day. They got Pawan signed in the contract by paying 10 crores in advance already but Pawan vanished from Industry to serve people leaving Mythri Movie Makers in huge confusion. As there is no indication from Pawan, the production house approached him to do justice. Sources close to Pawan Kalyan claimed that he assured the makers that he would start the movie in six more months as per his promise. He also assured that in case he fails to do the movie, he would return 10 crores without any cuts. So this amount of MMM will be in Pawan’s account until the end of this year. The deal is fine for now but some say that MMM should suffer the interest rate losses for all this year as Pawan has not agreed to pay the interest if he needs to return the advance.
This production team is busy bankrolling big flicks. Rangasthalam is ready for release on 31st March and another flick Savyasachi will be out in the month of May. Even if they do a flick with Pawan, it would cost 70 crores of the budget to complete the flick and it should get blockbuster status to escape from losses.