20:38
Satyanarayana Naidu
Pawan Kalyan’s Panjaa movie is creating sensations in business.
Earlier, Dil Raju planned to buy this movie’s distribution rights for nizam (telangana) area for a whopping Rs.14 crores, but now Siri Media, owned by Dasari Narayana Rao has bought this movie for an NRA (Non-Refundable-Amount) of Rs.8.2 crores.
That means, any collections made above this amount will be divided between siri media and panjaa producers.
Also producers are planning to sell other area rights and only keep share of nizam area.
So Panjaa business is expected to rock the industry.
Keep visiting for music release updates on 19th november….
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