Arundathi satellite rights not being sold even for 7 crores

Arundathi which is slowly becoming the higgest grosser of telugu film industry is giving its producer Shyam Prasad Reddy a fortune for his life. He has retained all the film rights with him and is not selling any of the rights to anyone. Infact Shyam Prasad Reddy is not ready to sell the satellite rights of Arundathi film even when he is being offered an whoophing amount of 7 crores
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Actually the story of Arundathi satellite rights started three years back when Shyam Prasad sold them for 1 crore to a famous person in telugu film industry. He then bought the rights back from that person for 1 crore 35 lakhs just before 5 days of movie release. He paid extra 35 lakhs because the other person was only ready to sell the rights for a profit of 35 lakhs after a lot of discussions. After the movie released and made phenomenal success, the same famous film personality asked for satellite rights and offered 7 crores for which Shyam said no and retained the rights. Such is the belief of producer on his movie.

All the best Shyam but dont prolong it too much because u might not get good money later as the entire World is in economic crisis….

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