At a stage, the film seemed to be dropped due to the financial crisis of Rathnam. But somehow he managed the crisis and borrowed funds from various financiers to complete the film, just because of his strong faith on the script. When he tried to release the film for last year Deepavali, all the creditors forced Rathnam to release the film only after settled their debts. So, he approached the Tamil Film Producers Council for his rescue.
He assured everyone for their loans and requested them to help him to release the film for Pongal, the biggest season of Tamil film industry. On his assurance, the council asked most of the financiers not to go to the court. But a Delhi based financier strictly told the council to settle his account before the film's release. Rathnam repaid his loan with mortgaged one of his properties and set everything perfect to release the film for this season.
But he has to pay Rs 1 crore 15 lakhs as the salary due to the hero Vikram and Rs 30 lakhs to Lingusamy, the director of the film. Knowing all the facts about the producer, Vikram sacrificed the entire amount to help the producer. He announced this yesterday and asked the producer to take further steps for the release. Director Lingusamy also sacrificed his salary due Rs 30 lakhs and gave the letter on this to the producer's council. Yesterday, AM Rathnam personally called on the actor and thanked him for his timely help. Now, Bheema will hit the screens for Pongal with 300 prints.
Rathnam is one among the big producers in the industry. His previous films Vyjayanthi IPS, Indian, Kushi, Dhool, and Gilli are the Blockbusters and have created records in the Box Office. But Shankar's Boys shattered the producer's career and he lost Rs. 20 crores in this film and almost became a pauper. To manage this, he borrowed funds and took some films with his sons Ravi Krishna and Jyothi Krishna. But those films also did not turn well in the Box Office. His last film with Vijayakanth released for 2006 Pongal Dharmapuri also caused for a heavy loss to the producer.
Hope Bheema will check the downfall of this good producer!