Suresh Babu the popular producer and owner of Ramanaidu studios said that he will close all the theatres if the Government in AP does not support the ticket rates issue.
Suresh said that he was ready to use the OTT medium for releasing the movies. Earlier he has released the movies of Venkatesh on OTT and got good profits.
it looks like the movie industry people are getting ready to take on the CM Jagan and his Government in AP. At the same time, the Government is also taking movie bulls with horns. They are also not going back.
The Ministers have already suggested that the heroes must reduce the remuneration first and reduce the cost of production. Indias largest theatre located in Sullurpet of Nellore district owned by the star Prabahs family was closed. It has around 600 seats.
There is a chance that the industry walas will meet the ministers first to sort out the issue on Tuesday. The final sitting under the leadership of Chiranjeevi and Nagarjuna will be with chief Minister Jagan.