Bellamkonda wriggles out from debts
There is no single producer in Tollywood who has had a smooth ride. All prominent producers have at one stage or the other been mired in deep financial crises.
Bellamkonda Suresh of late has suffered huge losses in the form of Alludu Seenu and Rabhasa. So badly affected was Bellamkonda by the failure of Rabhasa that it was rumored that he had shelved his second project with his son Sai Srinivas.
But apparently, Bellamkonda has now cleared all his debts to the industry fraternity and is now ready to go full steam ahead with his son's movie. While it is not known how he managed to raise the cash, it is speculated that he had sold off an asset of his and managed to raise the remaining amount from his relatives.
News Posted: 26 September, 2014
|
