The disaster of Mr. Bachchan has also impacted Ravi Teja. Despite being known in the industry for being strict about his fees and remuneration, Ravi Teja has reportedly returned four crores.
Mr. Bachchan turned out to be a colossal disaster, leading to significant losses for producers and buyers, with crores lost in the process.
After this severe setback, director Harish Shankar sacrificed six crores from his remuneration as a goodwill gesture. He returned Rs 2 crore to the production house and asked them to keep the remaining Rs 4 crore as an adjustment towards his next project.
Now, Ravi Teja has apparently deducted four crores from his remuneration. It seems that People's Media still owed Ravi Teja a balance of four crores.
However, Ravi Teja reportedly instructed them not to pay the remaining balance due to the massive failure of Mr. Bachchan.
With both the director and the lead actor collectively reducing their payments by six crores, this might help somewhat in compensating for the losses suffered by the Nizam distributor, who is said to have incurred a loss of nine crores.
Additionally, the producer will have to bear the losses in Andhra Pradesh and the Ceded regions.
