There is no doubt that Natasimham Nandamuri Balakrishna enjoys phenomenal craze in Ceded and his films collect staggering revenues in the mass area. However, the news of the Ceded rights of the senor actor's upcoming historical film 'Gauthamiputra Satakarni' getting sold for a record price of Rs 9 crores, raised a few eyebrows.
It may be noted that this is the highest price ever offered for a Balayya starrer. But, the deal is not risky as opined by a few. As this Balayya starrer brings the historical story of a renowned Amaravati king on to silver screen, the film has high chances of getting tax exemption from the AP govt. It may be recalled that Telangana govt. had earlier provided tax exemption for 'Rudhramadevi' movie since it was presenting the history of Orugallu aka Warangal queen.
For the movies with tax exemption, the gross becomes the distributor's share and this yields good profits for the distributors. Trade opines that collecting Rs 9 crrore gross in Ceded area is not at all a difficult task for a Balayya starrer. The added advantages for GPS are Balayya's proficient track record when it comes to mythological and historical films and Krish's already proven directorial ability.
Not just from Ceded, the makers might receive similar staggering offers from distributors of Andhra as well because if the AP govt. announces tax exemption, it will be applicable to the entire state.
The historical drama will however have to face severe competition at the box office for Sankranthi 2017.