Nagababu to co-produce Allu Arjun’s movie

Mega Brother Nagababu somehow managed to remain steady financially. It may be mentioned here that he had produced ‘Orange’ with Ram Charan on the banner of Anjana Productions and suffered huge financial losses. At one stage there were gossips that he had attempted suicide and he had confirmed them as not gossips but it is true. Though the banner gave several hits with Chiranjeevi as hero, was almost closed down. However, because of ‘Jabardast’, a successful serial on a popular Telugu channel, he could withstand himself by recouping from losses.

Now, with his son Varun Tej becoming a successful hero, he is planning to revive his banner and is thinking of producing a film on that banner again. However, he doesn’t want to rely on only one hero and is looking at Allu Arjun to share the screen. He knew that Allu Arjun’s film is a minimum guarantee movie. Presently Bunny is doing a film titled ‘Duvvada Jagannatham’ @ DJ in the direction of Harish Shankar.

 After that he committed to do a film of Vakkantham Vamsi and another film in the direction of Vamsi Paidipally. Lagadapati Sirisha and Sridhar are the producers of Vakkantham Vamsi and now Nagababu is planning to co-produce the film. Let us wait and watch whether Allu Arjun could save his uncle from the financial losses. After the present assignments, he may share the screen with Varun Tej for a film to be produced by Nagababu on the banner of Anjana Productions.