Huge loss for Bluesky with Dil Raju’s 5 films deal

fidaa1Huge loss for Bluesky distribution company after bagging the overseas rights of films from DIL Raju’s production house Sri Venkateswara Creations for Rs.18.5 crores ($2.87M)

Bluesky bagged Dil Raju’s films including Nenu Local with Nani, Shatamanam Bhavathi with Sharwanandh, Fidaa with VarunTej and Duddada Jaganadham with Allu Arjun.

Duddada Jaganadham overseas rights alone valued at 9 crore which is the main reason for the loss.

The collections of the above films are as follows

Nenu Nanna Naa Boyfriends $13k
Shatamanam Bhavathi $796k
Nenulocal $1074k
Duvvada Jagannadham $1140k
Fidaa $1M (expected)

Dilaju promised to compensate by selling his further projects at a nominal price. Two more releases this year from Dilraju’s production house in the form of Ravi Teja’s ‘Raja The Great’ and Nani’s MCA .