Director Koratala still facing the Acharya heat

Director Koratala Siva is under severe financial stress. The debacle of “Acharya” is still haunting him

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He directly got involved in the business of the film

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And he is facing the heat from the buyers

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The other day, the main distributor of the Ceded area and exhibitors from the region stomped on the office of Koratala Siva demanding payment immediately.

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Koratala Siva and his friend Sudhakar have adjusted money to some of the buyers of the Andhra region. But Ceded exhibitors didn’t get any penny.

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Naveen Yerneni of Mythri Movie Makers who is close to Koratala Siva tried to pacify the buyers and exhibitors but they wanted a word from Koratala Siva directly.

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Naveen’s involvement yielded no result.

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Abhishek, the Ceded distributor, and financier Sobhan slept in Koratala’s office demanding Siva and Sudhakar settle the matter

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As per the rule, the producers should repay the distributors some amount if the film could not recover even 40 percent

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“Acharya” was a disaster in all regions. The losses for the Ceded region are in the range of Rs 15 crore.

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The exhibitors say that they would meet Chiranjeevi if Koratala and Sudhakar fail to settle the matter in two days.

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