As GreatAndhra broke the news earlier, Chiranjeevi has made Ram Charan stop producing films on the Konidela Productions banner.
Ram Charan incurred huge losses from “Sye Raa”. Chiranjeevi then made his mind to take up more films for other producers.
However, Chiranjeevi has now taken a minor stake in his new film “Lucifer” remake. His wife Surekha’s name is being used as the presenter. Chiranjeevi will get his remuneration of Rs 50 crore along with a small stake in profits as well.
The film was formally launched on Wednesday. NV Prasad and his partners in “Super Good Films” are producing it in the direction of Mohan Raja.
The megastar will not repeat the same strategy for the remake of “Vedhalam”, which will be produced by AK Entertainments. Instead, he will take a whopping Rs 60 Crore as a remuneration.