Selva to compensate for Irandaam Ulagam’s loss

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Wednesday, Dec 11, 2013

Selva to compensate for Irandaam Ulagam’s loss

PVP Cinemas have suffered a 35-crore loss over Selvaraghavan’s directorial Irandaam Ulagam. This movie is made on a budget of 65 crores and the producers have suffered a loss of 35 crores, state trade sources.

Since Selva had entered into an agreement with the producers during the commencement of this project that he would take a 50 percent share in the profit or loss of the movie, he is now inclined to pay 17.5 crores to PVP Cinemas, say sources.

Irandaam Ulagam starred Arya and Anushka as the lead pair and this fantasy flick bombed at the box office.

 

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