Tag Archives: Shobu Yarlagadda

Baahubali 2 premiere controversy in Tamil Nadu

The Magnum Opus Baahubali-2 has successfully released worldwide today as expected. But at one place. This movie’s release has got some troubles which are irking the fans.

Baahubali2
Baahubali2

The producers Shobu Yarlagadda and Prasad Devineni have sold out their Tamil distribution rights of Baahubali to a distribution team called K Productions. Intelligent K Productions have sold out their Tamil copyrights to Sri Green Distribution company to distribute the film for 43 crores. As a result, Sri Green company paid 30 crores in advance and failed to pay remaining 13 crores as they got bankrupted with some recent flop movies. As a result, the K production company halted the 3 a.m shows all over Tamil Nadu and demanded to pay the remaining. The fans who are waiting for the movie got furious and started protesting at theaters. However, the 8 AM shows were started with some third party intervention.

All are blaming the K Production for halting the release, and they are shocked as K Productions is actually asking to give back the rights as they are interested in releasing the flick.

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IT Raids on Baahubali Makers

In a sort of surprising attacks, IT sleuths on Friday conducted multiple raids on the offices and other properties of producers of Baahubali, Shobu Yarlagadda, and Prasad Devineni.

IT Raids on Baahubali Producers
IT Raids on Baahubali Producers

Talk is that IT sleuths have been watching the Baahubali producers closely for the past two days in order to raid at a proper time. Following PM Narendra Modi’s historical decision of banning Rs 500 and Rs 1,000 notes, Tollywood celebs are reportedly being mulling over the unaccounted cash. Taking this opportunity, IT officials seem to have started the process of targeting them.

The first IT raids are seen on the makers of the highest budgeted Tollywood film ever. Baahubali has been made with a staggering Rs 120 Cr budget, and the film has grossed more than Rs 650 Cr worldwide. The makers have already closed humongous deals for ‘Baahubali: The Conclusion’, which gave an invitation to the IT sleuths.

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