Siva Balaji faces loss in crores!
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After winning the Inaugural Bigg Boss show in Telugu, Siva Balaji became a household name. Though he was in the industry for over a decade, he became famous because of the Bigg Boss show. Using that craze and few connections in the industry, the actor has produced and acted in the film ‘Snehamera Jeevitham 1982’. The producer, Siva Balaji hoped that this film would mark his entry into production. The film was written and directed by Upputuri Mahesh
But unfortunately, the film has received a bad talk. Many people stated that the film ‘lacks content’. This caused the fans and audience to ignore the movie. As a result, the film had been taken-off from many theatres after 2nd and 3rd days. The film’s collections did not even cross the 1 Crore mark as of now. It is learned that Siva Balaji has spent 6 crores on the production and marketing the film.
The film stars Siva Balaji and Rajiv Kanakala as two good friends in the movie. The satellite rites, digital rights, and all other sources can fetch around 1 crore for the producer. It looks like the first outing as a producer leaves Siva Balaji with 4 crores loss!
