Is Cash Flow Really Affecting Tollywood Now?
According to claims in a few publications and the chatter generated by many box office trackers, the telugu cinema industry is reportedly facing financial difficulties right now. While several major films, including Megastar's Vishwabhara, NTR's Devara, and other projects from sithara Entertainment, are now filming in hyderabad and other telugu state locations, the following is what the rumor says.
There are rumors circulating that some top production companies have decided to take a scheduled vacation from filming mid-range films that they have been working on for almost a month. Our filmmakers often skip the summer and wrap up most of their work in march and April.
There are rumors circulating that some top production companies have decided to take a scheduled vacation from filming mid-range films that they have been working on for almost a month. Our filmmakers often skip the summer and wrap up most of their work in march and April.
But because of the political climate in andhra pradesh and Telangana, there is a paucity of cash flow, and many bids from OTT platforms that really provide advance sums have been rejected. Additionally, a number of prestigious banks have stopped financing motion pictures these days, and some banks have stopped making loans before to the end of the fiscal year, which may have contributed to the lack of finances.
Even though this phenomena occurs annually, it appears like tollywood is facing severe financial difficulties right now. While some producers said there is no financial pressure and that everything is progressing according to plan, others acknowledged that they had temporarily stopped the filming in order to raise funds before moving forward once again.
Even though this phenomena occurs annually, it appears like tollywood is facing severe financial difficulties right now. While some producers said there is no financial pressure and that everything is progressing according to plan, others acknowledged that they had temporarily stopped the filming in order to raise funds before moving forward once again.