It is known that Puri Jagannadh has filed a case on the distributors of his film Loafer, claiming that they have attacked him to repay the losses incurred with the film.
"Jagannadh in his complaint alleged that Abhishek, Sudhir and M Subbaiah came to his office at Jubilee Hills, on Thursday and assaulted him demanding back the money they had invested in Loafer", sub-inspector Maqsood Ali said, adding police was investigating the matter.
However, the distributors' version is in complete contrast. The association's President Sudhakar Reddy, along with the distributors of Loafer, held a press meet to clarify that, they did not attack anyone, but has only requested the director to share the losses, that too, a few months ago.
They expressed their suspicion on why the director is creating a ruckus now, out of nowhere. The distributors, on whom the cases were registered also attended the press meet and cleared that, they were out-of-town, during the time, the alleged attacked happened.
They took the opportunity to vent out their anguish on the loopholes of the distribution business in Telugu cinema. They opined that, the rules that currently exist are biased, and asked the media also, to look into the downside of the business.
According to what they said, the profit and losses are not being distributed among the beneficiaries properly. It is learnt that distributors would only get twenty percent of the profits, if a film works well, where as, they are the only ones facing the risk involved, if it bombs at the box-office.
We have to see what Puri has to say for this argument, while his close associates calling the distributors greedy and their version, pointless.