The failure of Acharya has not just come as a massive shock for Mega fans but also to Nizam distributor Warangala Srinu. He placed high hopes on this project and shelled out a massive amount for acquiring the Nizam rights of Acharya.
However, much to his horror, the film is now headed towards being the biggest Tollywood disaster. In fact, the way he acquired this film’s rights is also full of drama in itself. Dil Raju had acquired Acharya Nizam rights initially. The ace producer and distributor even paid the advance for the film. But Warangal Srinu later met Koratala Siva and offered a huge amount of Rs 40 crores to outdo Dil Raju.
After going through so much hassle to get the theatrical rights for Acharya, Srinu expected this action entertainer to get off to a record opening. Much to his dismay, Acharya is performing poorly not just in Nizam but in every single region.
Acharya is heading towards being the biggest disaster in Tollywood. Huge losses are expected in major territories with an estimated 50% loss for all the parties involved. The pre-release business of the film has been done for 133 crores.
Now Dil Raju is a relieved man and must be on cloud nine considering his rivalry with Warangal Srinu. Acharya is expected to close around Rs 15Cr and a Rs 25Cr loss is expected for him in Nizam. Will he be able to sustain after this debacle needs to be seen.
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