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Will People Media Recover Its Losses?

Will People Media Recover Its Losses?

The special friendship between Pawan Kalyan and People Media Factory has been a topic of discussion for a long time.

The production company has been supporting Pawan Kalyan and has even taken over some of his movies.

However, TG Vishwa Prasad dismissed reports suggesting that he is acquiring Pawan’s films due to their friendship.

He stated that his primary goal is to produce as many films as possible.

Despite most of his films flopping and incurring losses, except for a few hits like Dhamaka, he has continued to invest in film production. His next major project is The Raja Saab, starring Prabhas.

There is speculation in Film Nagar that TG Vishwa Prasad is receiving other benefits from Pawan Kalyan in return, such as land allocations for his companies.

A prominent producer commented that this arrangement helps offset his losses in film production.

On the other hand, TG Vishwa Prasad took to Twitter to express his firm belief that building businesses is key to driving meaningful change.

'Our goal is to establish world-class innovations in the Rayalaseema region that will achieve global recognition and appreciation,' he added.

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Tags: People Media T G Viswaprasad