02/5/16 4:10 PM

YVS Chowdary in Severe Financial Crisis


YVS Chowdary was totally broke by producing Rey movie with huge budget, without proper awareness. This cost him his theatre Bommarillu, which is dear to him. Going into detail…

YVS Chowdary was pushed into severe financial crisis by funding huge amount on megastar ‘s nephew Sai Dharam Tej ‘s debut film Rey, which turned out to be a dud. YVS mortgaged his theatre Bommarillu and loaned money from Andhra Bank to produce Rey movie. Since he failed to pay back the amount, band officials today seized his theatre. Apart from Bommarillu, YVS Chowdary also has other financial issues as well. He once directed super hit films like Lahiri Lahiri Lahiri Lo, Seetaiah, Devadasu etc. Film nagar biggies say that he ruined his career with own hands. They comment that instead of investing around Rs. 8 crore on a new hero like Sai Dharam Tej, he spent about Rs. 30 crores. It is known that Rey was an utter flop at box-office.



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