Pinkvilla has posted a blind item about a studio which has gone broke.
Showbiz is the most glamorous industry in the world. It attracts its share of entrepreneurs. But as we know, it is a high stakes game. A few lakhs of investment can give you millions in money & fame in return. A billionaire can be reduced to a millionaire in no time. We have all heard stories of top producers like Raj Kapoor falling at the feet of mafia dons & or financiers for money. Megastar Amitabh Bachchan too is averse to producing movies owing to his near bankruptcy in the late 90’s. Several stars have invested in movies only to see their life savings blown up.
There have been several blind items about this once hep studio which has now gone broke. We do hope the studio comes out of this mess it finds itself in.
The production house came in with a bang riding high on the back of a few top stars and some realistic movies. Last year many announcements were made with the biggest and best of stars but now everything appears to be in limbo – for the time being. While a big question mark hangs over the fate of a couple of their films (shootings have been postponed), another has got stalled indefinitely after starting the shoot. Now we have come to hear that all is not well with another film of the same production house with rumblings happening on the very first schedule itself.
On a recent schedule in the hilly regions of the north, involving a top actor and actress, the buzz is that the producers ran out of money. Apparently, the production unit was facing a severe financial crunch and could not afford to make their local payments. Things got so bad that the local people called shooting to a halt till their payments were made. While the unit and the director tried their level best to sort it out, things were taking their own time (with repeated assurances by production that money would soon come in and the payments made) so the lead actor and actress were asked to return to Mumbai rather than waste dates twiddling their thumbs and putting up pics on social media (which the media would get wind off and sniff a story). While the hero returned to his home city and family’s loving arms, the actress invited her mother over to sample the beautiful locales. It was put out to media that the first schedule was complete when apparently it had come to a stop midway.
Now the lead actors have returned to their locations and shooting has resumed again – albeit slowly. While some money has been paid to the disgruntled elements, it’s still not the entire amount. Moreover, gossip about the financial issues the production house has been facing, has started spreading among the filmi folks. The buzz is that one senior actor has opted out of an ambitious project of theirs as he got miffed waiting to be paid his due. The production house had come under discussion in the film industry as they signed stars for astronomical amounts and seemed in a hurry to announce too many projects.
While one knows that once the money comes rolling in, everything will resume again and it’s just a matter of time, as the saying goes… Slow and steady wins the race. So maybe it’s time for the producers to re-think their strategies in order to move ahead?
Movie: Batti Gul Meter Chalu
Actors: Shahid Kapoor & Shraddha Kapoor
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