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Karthi Film Release Faces Legal Hurdles

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Karthi’s Annagaru Vostaru (Vaa Vaathiyaar in Tamil), which was scheduled for release next weekend, 12th December, has received an interim order from the Madras High Court to stop its release until pending dues are settled.

In a case filed by Arjunlal Sundardas against Gnanavel Raja, the court ordered that the film, Vaa Vaathiyaar should not be released without repaying the loan amount of ₹21.78 crore.

Directed by Nalan, the film already faced a long delay, and when it was finally set to be dropped, Karthi’s Annagaru Vostaru faced a big legal hurdle.

Krithi Shetty plays the female lead role in the film, which also stars Shilpa Manjunath, Rajkiran, Anand Raj, and Sathyaraj in key parts. Karunakaran, GM Sundar, Ramesh Thilak, PL Thenappan, Vidhya Borgia, Nivas Adthitan, and Madhur Mittal round out the cast.

Netflix’s Decision Crucial for Akhanda 2 Release

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For a few days, there have been many twists and turns around the theatrical release of Balakrishna and Boyapati Sreenu’s Akhanda 2. Efforts to clear the film quickly are underway, with the approval of Netflix playing a key part for Akhanda 2.

It’s a known fact that OTT platforms are playing a big role in Telugu films’ release dates as they are buying the films for big amounts. They put some slots for every film to stream and guide the producers to deliver the film according to their plan.

Netflix has bought Akhanda 2 OTT rights for a huge amount, and the movie follows a 4-week theatrical-to-OTT window. So, mostly they would have fixed a slot around the 1st week of January.

If Akhanda 2 releases today or tomorrow, then the allotted slot is fine. If the postponement extends, the producers of Akhanda 2 must secure Netflix’s approval before announcing a new release date, as the platform needs to review its schedule and communicate accordingly.

Producers are working hard to resolve issues today and plan to release the film tomorrow. Some believe it’s impractical, anticipating a big delay for the film. We need to see how things develop.

Avatar – Varanasi Collaboration?

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A surprising and exciting development is making headlines in the film world. As the release of James Cameron’s Avatar 3: Fire and Ash draws near, there is talk that the first look of SS Rajamouli’s highly awaited action-adventure film Varanasi, starring Mahesh Babu and Priyanka Chopra, may be released alongside the Hollywood blockbuster.

Discussions are reportedly ongoing because Varanasi is designed as a global film with universal appeal. Since the makers plan to release several special looks and international teasers, attaching the film’s initial look to Avatar 3 is certainly a strong strategy to reach worldwide audiences.

The buzz around Varanasi is already huge, as it brings together director SS Rajamouli and superstar Mahesh Babu for the first time, with Priyanka Chopra also playing a key role. Meanwhile, there are reports that Hollywood films like Christopher Nolan’s The Odyssey, Marvel’s Avengers: Doomsday, and Steven Spielberg’s upcoming UFO project might likewise be featured alongside Avatar 3.

If the Avatar–Varanasi plan works out, fans could experience a powerful mix of Hollywood and Indian cinema in one of the biggest theatrical releases of the year.

Akhanda 2 Makers Owe Over 50 Cr to EROS

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A day before the theatrical release of Akhanda 2, it was revealed that the producers, 14 Reels Entertainment, have an unresolved financial issue with Eros. This came as a major surprise to everyone.

A few years ago, 14 Reels collaborated with Eros but did not clear the pending dues. Reports say that the production house promised several times to settle the amount but failed to do so. Because of this, Eros approached the court, demanding ₹27.8 crore with 14% interest from July 2019.

With the added interest, the total amount that 14 Reels Plus must pay has crossed ₹50 crore, and this issue directly impacted the release plans of Akhanda 2.

The team is now trying to resolve the matter outside the court. Eros is reportedly asking for 50% of the total amount to be paid immediately, along with cheques for the remaining balance, in order to withdraw the case. Apart from the issues with local financiers, the Eros matter also needs to be cleared for a smooth release of Akhanda 2.

Akhanda 2 Crisis: Balakrishna, Boyapati Srinu Step In With Pay Cuts

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Financial issues pushed back the much-anticipated release of Akhanda 2, shocking everyone. While the fans are worried currently, the latest news is that Balakrishna and Boyapati Sreenu have stepped in to save their film from the crisis.

Some people gave it a shot to sort out the financial mess of the movie, but the amounts were massive, and no one managed to resolve anything, so they had to push back the film.

Currently, the team has not revealed any new release date, but there’s a possibility the film could come out on December 18th or during Christmas.

Meanwhile, there have been some serious developments in the proceedings as Balakrishna and Boyapati Sreenu have stepped in to save Akhanda 2 from the crisis.

Balakrishna and Boyapati Sreenu Come To The Rescue Of Akhanda 2 Producers

Word is that the actor and director are taking a hit on their remunerations to support the producer through tough times.

The director and hero have made a firm decision, making life a little easier for the producer. But just this will not be enough for the film to clear all the financial hurdles.

There are multiple financers’ clearances that are pending, standing as the obstacles for Akhanda 2’s release. We still don’t know the exact figure, but a few reports indicate that the team requires to deal with 60 Cr in financials.

Other sources suggest the total exceeds 80 Cr, including Akhanda 2 and past financial issues.

All these things need to be sorted for the film to see a smooth theatrical release. Today an update is expected to be made on the film’s theatrical release.

Akhanda 2 Troubles Easing

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Akhanda 2 Some positive developments: the Hyderabad legal issues are said to be getting sorted out. A few big distributors are taking responsibility for the financiers, and at the same time, Balakrishna and Boyapati are offering major relief by sacrificing a portion of their remuneration. With this, the Hyderabad financiers’ issues are moving towards a solution.

However, one legal issue is still in court regarding EROS’ pending dues from older amounts.The producers are trying to settle this issue out of court as well. EROS is said to be serious this time, as the producers had committed multiple times to clear the dues in previous years but continuously failed to pay. Now, EROS is demanding that 50% be paid immediately and the remaining be cleared through cheques.

If all these issues are sorted, the postponement may not be too long. If the problems are resolved today and the film releases tomorrow, the impact may not be significant. But if the delay continues, the movie could face some effect. Hopefully, everything moves in a positive direction for the film.

Bigg Boss 9 Telugu: First Finalist Confirmed

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Like in all seasons, in the 13th week of Bigg Boss 9 Telugu, the most important task, ticket to the finale has been placed. Whoever wins this task he or she will directly move to the finale week without facing the nominations for the 14th week.

This week in Bigg Boss 9 Telugu, the ticket to the finale task happened, with everyone participating in the task. Rithu and Kalyan have reportedly gone for the final battle, where Kalyan won and became the first finalist of this season.

Definitely Kalyan, even without this also can enter into the finale week as he is leading in votes. If Rithu had won the task, it could have been an advantage as she is in the danger zone with standing in the bottom 3rd place of voting. She missed a chance by just one step.

The viewers are excited to see who will be the final winner of the 9th season of Bigg Boss Telugu. 

Box Office Advantage for Andhra King Taluka

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Ram Pothineni, with a lot of confidence, promoted his recent release, Andhra King Taluka, aggressively, but the film did not do well at the box office despite getting a good response. Now, as Balakrishna’s Akhanda 2, which was scheduled to be released on December 5, has been postponed, it has paved the way for a small advantage for Andhra King Taluka. 

As said above, even though the film, AKT, received unanimous positive reviews, it did not translate into box office collections. Producer and hero Ram directly expressed that one of the main reasons is the Akhanda 2 release. 

Now with the Akhanda 2 release’ postponement, Andhra King Taluka gets an advantage for the 2nd weekend. The buyers are at just 50% recovery till now. If the 2nd weekend scores big, then buyers will see some good recoveries. The team also needs to do some aggressive promotions this weekend. If even with this advantage, the movie fails to bring audiences, then it will definitely be a shocker.

Akhanda 2 Premiere Pricing Backfires

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Till December 4th morning, the fans, trade, and other audiences were waiting for the ticket bookings of Akhanda 2 movie’s premieres to open, but in the evening, the proceedings took a rapid/shocking turn, and the movie has now been postponed. The makers’ going for huge ticket rates for premieres hugely backfired for Akhanda 2. 

The main reason for the film, Akhanda sequel’s financial hurdles, is that distributors did not pay the committed amounts. The real reason behind their half payment is, they believed that because the film is a sequel, it would release with massive craze.

However, somehow the craze around Akhand Part 2 did not rise organically because the promotional content was not properly planned. As a result, there emerged a huge delay in advance bookings in both Andhra Pradesh and Telangana for ticket hikes and a flat rate for premieres. 

In Andhra Pradesh, the bookings opened after the GO, but the ticket sales did not happen as expected. The big ticket rate of Rs 600 for Akhanda 2 Premieres heavily backfired, seeing very low ticket sales, and the distributors did not pay the committed amounts before.

Had Akhanda 2 been released with regular prices or reasonable hikes in Andhra and Telangana, no hike would have been needed for that business, and the bookings could have opened last Sunday itself; then the situation could have been better. 

The 600-premieres ticket price impacted the premieres and day 1 bookings, resulting in the movie being postponed. There are reports that the movie will arrive in theaters soon, but it needs to be seen once the team announces a new date. But definitely, the team needs to learn a lesson and should be careful about pricing.

Exclusive – Akhanda 2 New Release Date

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Akhanda 2’s postponement is confirmed now, with all overseas shows cancelled and Indian shows also being removed from the weekend listings. The producers have also confirmed that the movie is postponed.

Many expected the delay to be just one or two days after Akhanda 2’s postponement, but Track Tollywood has exclusively learned that the release has been pushed by two to three weeks. The team is considering 18th December or 25th December as the new release date. An official announcement is expected very soon.

As the financial issues are significant, the team wants to resolve everything and release the film without any hurdles this time. This is the reason behind taking this gap. Both 18th December and 25th December are good dates with big releases from Telugu cinema lined up. The only concern is that Avatar 3 is also releasing around that time, which may impact the number of available screens and shows.