Producer S. Radha Krishna of Haarika and Hassine Creations and Sithara Entertainments is busy with production of back to back films. Along with NTR – Trivikram film, he is also bankrolling Naga Chaitanya’s next film in Maruthi’s direction and Sharwanand – Sudheer Varma film.
Telugu360 has exclusively learnt that the overseas rights of these three films have been sold for a promising 15.3 Crore deal to BlueSky Cinemas. The producer has agreed to repay 1.5 Crores to the distribution house if these three films incur losses in overseas. So, the combined break even point will be 13.8 Crores.
S. Radha Krishna initially promised to give these rights to Agnyathavaasi distributor LA Telugu. But, due to unknown reasons, he finally sold them to Blue Sky Cinemas.
As all three films are carrying good craze in trade circles and offers worth 4.5 Crores for the rest of US rights are ready in store for Blue Sky, this is a promising deal for them considering that the US break even mark is around 9.5 Crores.