LA Telugu, one of the leading distribution houses in overseas, has reportedly sealed a three film marquee deal with producer Chinna Babu of Haarika and Hassine Creations.
It is well known that Chinna Babu is producing NTR’s Aravindha Sametha, Naga Chaitanya’s Shailaja Reddy Alludu and untitled Sharwanand – Sudheer Varma film under his two Production houses. The latest reports suggest that the overseas rights of all these three films have been bagged by LA Telugu for a handsome price.
As reported earlier by Telugu 360, the rights of Aravindha Sametha were snapped for nearly 14.4 Crores on credit basis.
There were also reports that the overseas rights of Shailaja Reddy Alludu were sold to Idream Vasu. But, the latest development is that LA Telugu has bagged the rights of all three films and the agreement has been done.
Sources revealed that LA Telugu paid 3.2 Crores for Shailaja Reddy Alludu and the business for Sharwanand’s film is not yet finalized.
LA Telugu is known for its aggressive marketing strategies as they previously released Pawan’s Agnyathavaasi on a massive scale in overseas. So, it can be expected that all three films will have a wider release in overseas with strong publicity campaign.
