Veteran actor Nagarjuna Akkineni and Annapurna Studios have clarified their stand amid the ongoing tussle between the Producers Guild and the Telangana Exhibitors Association.
Annapurna Studios stated on X, “Annapurna Studios firmly stands by the interests of the film industry and wishes to clarify that Annapurna Studios Distribution will continue to abide by the decisions of the Telugu Film Chamber of Commerce (TFCC) and adhere to its guidelines. This has been our consistent practice over the years, and it will remain so in the future.”
Nagarjuna owns Annapurna Studios, one of the leading production and distribution houses in the Telugu film industry. His niece, Supriya Yarlagadda, oversees several operations of the studio and is also an active member of the Producers Guild.
“They are members of both the Telugu Film Chamber of Commerce and the Active Producers Guild and have consistently supported discussions related to cost-cutting measures in the industry,” says a source.
At the same time, Nagarjuna and Annapurna Studios share a long-standing association with exhibitor-distributor Suniel Narang of Asian Cinemas. Because of this, the studio is said to be maintaining a balanced approach during the ongoing dispute between producers and exhibitors.
With tensions escalating in recent days, Annapurna Studios’ statement is being viewed as an effort to support the apex trade body and maintain industry unity.
Meanwhile, Annapurna Studios has also been expanding its distribution activities in recent months. The company is releasing Tamil star Suriya’s Veerabhadrudu in the Telugu states and is also set to distribute the Kannada film Bala The Boy in June.
“Annapurna Studios is now becoming more active in distribution and is looking to acquire more content-driven films to reach Telugu audiences,” the source concludes.
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