Rs 50 Lakh Worth Gold As Advance Payment to Dir

Any director would take an advance check to start any project. Or else, sometimes, they even accept the cash to an extent. But a director has taken gold as advance payment.

He made small films and scored a big hit with a medium film. That turned his fate and now bagged a big film.

Recently a producer who has connections with YSRCP has given Rs 1 Cr as advance to this director.

Then the director also requested the producer to buy the gold worth Rs 50 lakh to give to his wife with a promise that it will be adjusted in the final payment.

So, we may see various modes of payments in the film industry down the line- be it in the form of lands, flats, gold and many even through the cryptocurrencies like bitcoin.

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