This comes as a shock to many producers. No producer would believe that Ravi Teja is not charging remuneration. Because he has got a bad name for being sturdy about money.
Ravi Teja had lost many interesting projects when he refused to cut down asking price for the films.
In a surprising move, he has now completely done away with the remuneration for a new film that he has recently signed.
Ravi Teja is presently acting in director Vi Anand’s “Disco Raja”. From this October, he will start working for director Ajay Bhupathi’s “Maha Samudram”.
Ajay Bhupathi informed Ravi Teja that he wants to spend more money on production and visuals and requested him to cut down his remuneration. Ravi Teja sprang a surprise.
He told the director that he would not charge a remuneration but would take a share in profits after the film completes business. This is a win-win situation for both of them.
Three duds in a row – “Nela Ticket”, “Touch Chesi Chudu” and “Amar Akbar Anthony” have made Ravi Teja realize that his market is shrinking.
Hence, he has agreed for a share in profits instead of remuneration.