The much anticipated release of Akhanda 2 has been pushed back due to an unresolved financial issue between the producers, 14 Reels Entertainment, and Eros. The production house owes Eros ₹27.8 crore with 14% interest, which has accumulated to over ₹50 crore. This issue has directly impacted the film's release plans, and the team is now trying to resolve the matter outside the court.
Eros is reportedly asking for 50% of the total amount to be paid immediately, along with cheques for the remaining balance, to withdraw the case. The team is working hard to clear the financial hurdles, but it's not the only issue they are facing. There are multiple financers' clearances pending, and the total amount required to clear the financials is estimated to be around ₹60-80 crore.
In a surprising turn of events, Balakrishna and Boyapati Sreenu have stepped in to save the film from the crisis. They are taking a hit on their remunerations to support the producer through tough times. However, it's unclear if this will be enough to clear all the financial hurdles. The producers are working hard to resolve the issues, and an update on the film's release is expected soon.
The approval of Netflix is crucial for Akhanda 2's release, as they have bought the OTT rights for a huge amount. The platform has fixed a slot for the film's streaming, and any delay in the release could impact the schedule. The producers are trying to secure Netflix's approval before announcing a new release date, and fans are eagerly waiting for an update on the film's release.