SS Rajamouli’s magnum opus film, RRR – the Multistarer of NTR and Ram Charan was supposed to release for Sankranthi 2021 but the Coronavirus Pandemic forced a postponement. There were speculations that the movie may get postponed until July 30th.
Distributors who have given hefty advances to the makers thinking it a Sankranthi release are now demanding their money back. The film’s overseas rights including the USA was sold off to a global distribution for the whopping Rs 60 plus crore. The firm recently sold off the USA rights to a distribution company and took about Rs 3 crore as advance.
According to the agreement, the movie would release the latest by January 8th, 2021. They are well within their rights to demand advances. Distributors are worried about the old deals due to the global recession. Most of the distributors want to renegotiate the old deals or drop from their projects.Follow @THEPANIPURI