Jagapathi Babu is on a movie signing spree. He announced that this year onwards he will do 10 films every year. Perhaps keeping his promise, he signed 'Blackmoney' with Pusala Radhakrishna as the director.

Natti Kumar who is producing 'Chattam' with Jagapathibabu will produce 'Blackmoney' too. The shooting is scheduled to start on February 18th and the film will hit the screens in May this year.

On eve of Jagapathibabu's birthday on Saturday, Nattikumar announced the details of 'Blackmoney'. Two heroines are expected to star with Jagapathibabu and a leading hero will play a cameo role in this flick.

Meanwhile, his film 'Chattam' will release on February 26th.

"We are very happy that Jagapathibabu announced his deciscion to act in 10 films an year. If every hero does the same, we don't have to depend on dubbed films and also thousands of film workers will get work to do" Nattikumar said.