Media Baron Ramoji Rao is planning to extend his business sway in to a new arena. He is planning to start a chain of mini theaters in both the Telugu States. The focus will be on Andhra Pradesh where Ramoji Rao feels there is a dearth of good theaters. The idea is currently in a very preliminary stage. Ramoji Rao on Saturday sought help from Telugu Producers at a meeting. The outcome of the meeting is said to be positive.
Ramoji Rao to enter in to Mini Theaters Business
Mini Theaters with limited seating capacity will particularly help small films as their rents will be less compared to the other theaters. These Mini theaters will have good occupancy and there fore gets good Shares. This business model will minimize the losses in the week days too.
Ramoji Rao is most successful businessmen
Ramoji Rao is one of the most successful businessmen in Andhra Pradesh and Telangana. He is running a Newspaper, TV Channel group, Film City, Production house, Chit Fund Company, Food Products Company etc. Almost all the businesses are leading in their segment. We will have to see if he excels in this one too!
