Natural Star Nani and Indraganti Mohankrishna became a successful pair of actor-director with successful films like Astha Chemma and Gentleman. Their third film, V was supposed to release in theaters on 25th of March. Due to lockdown, movie got postponed till date and producer has been patient along with the actor to see if theatres open in time to safely release the film. As the situation seems to take even more time to get back to normal and the uncertainty over crowd flocking to theaters is high, the producer Dil Raju decided to release the film on OTT platforms.
After the OTT premiere, there will be a Satellite premiere and both the deals are almost in the final stages. Apparently, the producer will be getting Rs. 33 crores from OTT premiere rights and from Satellite rights, a little over 5-6 crores. Bringing the movie profit margin to 10-12 crores, which is more than he could expect even if the movie releases in theatres and becomes a hit. Dil Raju got the nod from Nani to release his 25th film on OTT in September, say reports. Let’s wait for official confirmation.
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