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Allu Aravind Acquires Mem Famous

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All it requires is a big helping hand for small to medium range movies for a bigger and safe release. The makers of Mem Famous get that support in the form of Allu Aravind. The star producer acquired the distribution rights and he will be releasing it in the Telugu states.

Lahari Films and Chai Bisket Films together are producing this youthful musical entertainer directed by Sumanth Prabhas. The movie has garnered a good buzz with the teaser and songs getting a positive response. The makers will intensify the promotions, as the movie is coming in theatres on May 26th.

Sumanth Prabhas is also the protagonist of the movie that has music by Kalyan Nayak. Mani Aegurla and Mourya Chowdary are the other lead cast of the movie.

Telugu360 is always open for the best and bright journalists. If you are interested in full-time or freelance, email us at Krishna@telugu360.com.

Aha reports Huge Losses

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Regional OTT platform Aha has doubled its loss. For the last financial year Aha was in losses of Rs 26Cr, but surprisingly this year Aha has been in deep losses. As per the filings of Arha Media & Broadcasting Pvt Ltd, which operates Aha, with the Ministry of Corporate Affairs (MCA), for this financial year, Aha has noted Rs 92 cr losses. They have spent nearly Rs 80Cr on the content and operator revenue raised around Rs76Cr

The OTT platform has spent around Rs 200cr this year and most of the part of it (Rs 74Cr) was shown as employee benefit expenses. Aha has extended its services to Tamil this year. Only through subscriptions, the Telugu OTT platform has generated a revenue of Rs 68Cr. Approximately Rs 5cr came from satellite rights and Rs 2.5cr came from syndicate revenue. Aha has appointed Ravikanth as the new CEO and EX-CEO Ajith Takur has been shifted to the board of directors.

Telugu360 is always open for the best and bright journalists. If you are interested in full-time or freelance, email us at Krishna@telugu360.com.

Allu Aravind comes in to support Dil Raju

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Top producer Dil Raju is left in a spot because of the Varisu controversy. He was cornered by the filmmakers who suffered badly when they released dubbing films. Telugu Producers Council issued a statement asking everyone to allocate theatres for straight Telugu films during the Sankranthi season. Dil Raju is staying calm and is going ahead with his work. Mega producer Allu Aravind came out to support Dil Raju. During his recent media interaction, Allu Aravind was asked about Telugu fraternity announcing a ban on Vijay’s Varisu. Allu Aravind commented saying that it will not happen for sure.

With movies from all the languages faring well across the country, Allu Aravind hinted that the audience will always watch good content. He is releasing Varun Dhawan’s Thodelu in Telugu states. Allu Aravind released Kannada sensational film Kantara across the Telugu states and the film was declared as a blockbuster. He expressed his confidence on the success of Thodelu. Kriti Sanon is the leading lady and the Telugu media interaction of the film took place this evening.

Telugu360 is always open for the best and bright journalists. If you are interested in full-time or freelance, email us at Krishna@telugu360.com.

Allu Arvind’s multiple interests failing to get wings

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One of the prominent film producers in the Telugu film industry is Allu Arvind, whose Geetha Arts churned out many memorable classics as well as commercial hits. These days, he has become choosy and catering most time to the films of his sons only.

Understanding the need to take Geetha Arts to another level like how Bollywood’s popular production houses have grown in this digital age, Arvind is trying to bring out various things from some time. One of his ambitious projects is building a couple of theatres in Hyderabad that are equipped with 4DX, where audiences will get a feel of motion, wind, lighting and scents apart from the regular 3D image they see on screen.

This ‘theatre’ project is struggling to take off for various reasons as constructing a mall or acquiring a lease in a mall became tough for him, as other players like PVR and Carnival are racing ahead in that space. Another buzz is that the project is not getting wings due to lack of proper investment support.

At the same time, Arvind wants to dole out his own OTT app like a Netflix (or say Viu, scale wise), but things are not getting right for him. While acquiring the content and creating content became a headache, getting the right technology to architect the app is said to be giving him headaches.

Telugu360 is always open for the best and bright journalists. If you are interested in full-time or freelance, email us at Krishna@telugu360.com.

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