Massive Price For Spyder Vizag Rights
on Aug 1, 2017
Makers of Superstar Mahesh Babu starrer Spyder have delayed selling rights of the film with a hope of getting huge demands for most of the zones just a month prior to theatrical outing. Unfortunately, implementation of GST showed huge impact on pre-release business of the film.
Distributors initially didn't show much interest to invest fancy amounts on Spyder as it is a serious film and also risk rate will be high because of GST. Surprisingly, business deals are done for the film for staggering prices.
Though Mahesh Babu hasn't proved his mettle in Tamil Nadu, Lyca Production bought Spyder rights for the state and also for overseas by shelling out Rs 27 crores which is second highest after Baahubali.
Latest we heard is Spyder Vizag rights were sold for Rs 8 Crores. As per sources, the film's entire pre-release business for all the territories will be closed in few days.
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