EROS is one of the main reasons for the Akhanda 2 movie’s postponement, as it was fed up with the film’s production house, 14 Reels Plus’s false promises on a continuous basis regarding the pending payment. The film’s release is still doubtful because of this issue.
The company approached the court for a principal amount of 28 Cr, and they demanded that the amount should be paid with 14% interest, taking the total to over 50 Cr.
Since the production house cannot immediately pay the amount, they are attempting an out-of-court resolution. However, the issue remains unresolved, with discussions ongoing. EROS reportedly demands that the Akhanda 2 production house pay half the outstanding amount immediately, along with a prominent person’s guarantee to withdraw from the case. The parties are still in negotiations.
Akhanda 2 Release: Big Task Ahead For 14 Reels Plus
14 Reels Plus needs to be prepared with half the amount. Even if they get half the amount, there’s uncertainty about securing the remaining amount, as these are substantial sums in the crore range. Balakrishna and Boyapati Srinu have reportedly already sacrificed some of their outstanding remuneration.
Hopefully, 14 Reels Plus will resolve all issues by tomorrow and announce a new release date.
