Last month, Bollywood Hungama was the first to inform you that talks between Karan Johar and Lyca Productions to produce movies collectively had failed. Though, the latter had expressed curiosity in coming into Bollywood movie manufacturing, the motive behind the cope with Dharma not going by stays unknown. While Dharma has since moved on to discover possibility with Jio, we hear that Lyca Productions has been fumbling. In reality, as per commerce buzz in the business, Lyca has now defaulted on their fee to the makers of the Akshay Kumar starrer Ram Setu.
Revealing particulars about what precisely occurred, a commerce supply knowledgeable Bollywood Hungama, “Lyca Productions was to put in a certain amount of the total budget of Ram Setu, however the funding for the film never came through. A cheque of Rs. 30 crores issued to Akshay Kumar bounced around 10 days back. Since this affects the production of the film, the makers of Ram Setu are now on the lookout for a new production partner to replace Lyca Productions.”
While the search for a brand new manufacturing associate for Ram Setu continues, Akshay Kumar denied the development of the cheque bounce to Bollywood Hungama by stating that it was improper data. Sources shut to Akshay Kumar state that Lyca Productions remains to be very a lot part of Ram Setu, and that no such financial concern arose in the first place. Similarly, Aashish Singh from Lyca additionally denied the news claiming that no such factor has occurred and so they proceed to be related to the undertaking.
However, regardless of the vehement denial, news in the commerce circles is that Lyca Productions will most likely get replaced or may have a really small stake in Ram Setu now whereas one other producer will come on board to finance the undertaking.
Also Read: SCOOP: Akshay Kumar’s Bellbottom to premiere on Disney+ Hotstar; bought for a whopping quantity?
More Pages: Ram Setu Box Office Collection
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