Boyapati Srinu's much awaited third collaboration with Balakrishna after Simha and Legend has finally become reality as the film had a formal launch yesterday.
Dil Raju and Mythri Movie Makers have shown interest in producing this one, but backed out after Boyapati has given them an estimated budget of Rs. 70 Cr.
It's huge and highly risky given the market range of Balakrishna. Who would take such a risk after seeing the results of Paisa Vasool and NTR biopic?
Boyapati's friend Miryala Ravinder Reddy who made Jaya Janaki Nayaka is bankrolling it. Both Boyapati and Balayya will take home over Rs. 10 Cr each and the making cost will not be less than Rs. 40 Cr.
Pics: Boyapati - Balakrishna New Film Launch
The film's making costs will touch Rs. 70 Cr with the inclusion of other expenses. In current scenario, a Balakrishna-Boyapati film may not make Rs. 50 Cr including theatrical and non-theatricals.
So producer Ravinder Reddy is in for high risk considering all of the above statistics.
