Wednesday, December 8, 2010

Total 6.5 Cr For Nagababu @ 'Orange'

Mega brother Naga Babu had grandly launched his project ‘Orange’ under their family banner Anjana Productions. True to the image, he did not hesitate to spend the extra money to ensure that they come up with something that can at least touch half the success of ‘Magadheera’.

However, the results turned out to be something different. Sources say that already, Naga Babu sold the film at a deficit after spending nearly Rs 35 crores for the film. Overall, after selling satellite rights and other things, it is heard that he still suffered a Rs 6.5 crore deficit.

As for the distributors who took ‘Orange’, all of them ended up with a 50% deficit in their overall earnings. They say that they got slightly lucky as the openings were good due to Ramcharan’s image and crowd pull factor along with the songs. Better luck next time folks.

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