Well! That's what the speculations say. However, facts are in contrast. A source close to the producer has denied the reports that are afloat among the film circles.
Apparently, the passionate producer, who actually left his job and lifestyle back in USA, for the sake of film production, is now more determined to make good films, post the debacle of Brahmotsavam.
A few media reports informed that PVP is going to quit films since he was disturbed by the way directors and heroes ill-treat producers. It is known that PVP has made a few sensational comments on Pawan Kalyan, a few days ago, expressing his displeasure over his unprofessional behaviour.
Perhaps, the producer was also pissed with Srikanth Addala for filming Brahmotsavam without a script in hand. So, the speculations were rife that PVP has decided to shut down his banner PVP Cinema, as he thinks producers has no word in the process film making.
However, there is no truth in the reports. PVP is here to stay. While he is bankrolling a couple of projects already, he is contemplating to start five more projects very soon with some of the big stars in the biz.