Exclusive: Ram Charan and UV in movie theater business

Wednesday, December 13, 2017 - 12:15

Ram Charan is turning into a big entrepreneur. He has already successfully produced 'Khaidi No 150' with his father as hero and is now producing mammoth-budgeted 'Syeraa Narasimha Reddy'. Earlier, he invested in Truejet, an Indian low-cost regional airline base.

Reliable sources have informed Telugucinema.com that he is now venturing into movie theatre business in partnership with UV Creations, owned by Prabhas's friends and relatives. They are acquiring old theatres to turn them into fully-equipped modern screen theatres and also launching new multiplexes in Telangana and Andhra Pradesh. UV Creations has recently bought the distribution rights of Ram Charan's 'Rangasthalam' as part of this plan.

They will be building a huge chain of theatres. More details are awaited.