Nagarjuna made a name for himself not only as an actor but also as a producer. Now, reports are coming that he is set to enter into the distribution in AP and TS.
It is coming out that Annapurna Studios already set up office in Hyderabad and are on the verge of opening another office in Visakhapatnam. A source shares “Nagarjuna has a production house which is over 50 years old and now plans to churn out more films while strengthening his distribution network,”
There are many wellknown distributors and Nagarjuna entering into distribution sector will intensify the competition. Already Dil Raju, Naga Vamsi, Suresh Babu, Allu Aravind, Sunil Narang and others are weidling considerable influence. Inside talk is Naga Vamsi of Sithara Entertainments is planning to team with Annapurna Studios.
Mythri Movie Makers and Sitara Entertainments have formed a syndicate in the distribution sector.