Mega family hero Varun Tej’s last release, “Fidaa” collected nearly Rs 48 Cr share from theatrical rights and fetched close to 55 Cr including Satellite and other rights. In spite of this, no producer is willing to invest even Rs 25 Cr on his new film.
After the success of his debut film, ‘Ghazi’, director Sankalp Reddy got Varun Tej’s nod for his second film. The project belongs to sci-fi genre, and its set in Space. It could have been the first Telugu film set in Space, but, no producer is reportedly coming forward to bankroll it as the director quoted Rs 25 Cr budget.
There could be two reasons. One – Varun Tej’s track record – He doesn’t have a single commercial hit except ‘Fidaa’, even the critically acclaimed ‘Kanche’ just a break even. Two – The project is being perceived as an experimental film, and hence producers are wary of investing Rs 25 Cr on it.
As of now, Sankalp Reddy is scouting for a producer. Varun on the other hand is getting busy with other films.
There is two options in front of Varun Tej. He can ask his father, Naga Babu, who is co-producing Allu Arjun’s “Naa Peru Surya”, to pool funds for the Space film. Or he can wait until the director finds a producer. Sankalp Reddy may even think of approaching another ‘bankable’ hero if he couldn’t find a producer.
Recent Random Post:
