Gautham Nanda which released on July 28th has failed to reach the expectations to become a below average film at box office. The producers Bhagwan and Pulla Rao, who spent a bomb on the action-drama, have incurred huge losses.
The theatrical rights itself were sold to whopping 21+ crores and the films grossed around 16 crores share. Even the distributors from all areas have incurred losses.
Realising the fact, the actor and the director came to rescue the makers by cutting down a part of their remunerations.
The film has run out of theatres after the release of three flicks Nene Raju Nene Mantri, LIE and Jaya Janaki Nayaka films on August 11.