The final nail on the coffin has been struck ! 'Brahmtosavam' producer Prasad.V.Potluri has taken a bold decision and he has agreed to compensate the losses to distributors up to 50%. As per reliable sources, PVP will be meeting all distributors by this weekend and will get a clear picture on the losses incurred.
He is also ready to pay back 50% of the amount that was taken from them before the release. As the collections are so low in Ceded, most of them are already coming to PVP office. So before a scene is created, PVP has decided to compensate the losses.
A still from 'Brahmotsavam'
And if PVP pays back 50% of money, it will be a new record in Telugu Film Industry as no producer has returned such huge amount to the distributors. And for USA distributors who have lost more than 50%, Mahesh Babu will be having discussion with them.
USA distribution was done by Producers of Srimanthudu. So this is indeed a good gesture from the production house as they have given some ray of hope to distributors.
