'Ranna' business crisis
- IndiaGlitz, [Friday,June 12 2015]
The Gokul Raj Films is screaming of unhappiness in the distribution of Ranna' that they obtained by paying Rs.12 crores from producer M Chandrasekhar of Nimishamba Creations. The contract signed was for Rs.12 crores and 35 percent in excess of collection of the prescribed amount to producer. In the second week producer M Chandrasekhar has put up the advertisements saying he is the distributor of the film. This has really hurt the siblings of Gokulraj Films.
Gokulraj Films that took rights of Linga and I' Tamil films distribution in Karnataka warn producer M Chandrasekhar and negative rights holder Mohan of the legal consequences. At the conciliatory meeting in KFCC we came forward to give balance of Rs.1 crore but M Chandrasekhar producer of Ranna' not taking this has released advertisements in the media that hurts us deeply. When the financial crisis was high for Ranna' Gokulraj Films financed for foreign location shooting says Gokulraj brothers. Gokulraj Films is taking legal action on Ranna' producer M Chandrasekhar. Kichcha Sudeep starring film Ranna' is collecting well in the box office.