TG Vishwa Prasad Faces Major Losses In 2024, Plans For A Comeback

People Media Factory was set up to produce movies quickly, aiming to complete 100 films in Telugu cinema. TG Vishwa Prasad, the head, has seen both hits and flops.

Unfortunately, 2024 has been a tough year for the company, with all their films turning into flops. One of their biggest losses came from the movie “Mr. Bachchan“, and another loss came from Sharwanand‘s “Manamey“, which was shot in London.

In a recent interview, Vishwa Prasad openly admitted the losses, saying, “2024 has been a bad year for People Media Factory. We’ve lost a lot, with the loss reaching over 100 crores. We’ve paused new projects but will return stronger next year.”

People Media Factory is currently working on Prabhas “The Raja Saab“, Adivi Sesh‘s “Goodachari 2“, Teja Sajja‘s “Mirai“, and Siddu Jonnalagadda‘s “Telusu Kada”.

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— Filmy Focus (@FilmyFocus) November 13, 2024