Movies and OTT

Varun Tej’s Next Film Faces Budget Cuts Following Matka’s Failure

Varun Tej’s upcoming project with director Merlapaka Gandhi is facing budget restrictions due to the disappointing performance of his recent film, Matka. Despite signing the film before Matka‘s release, the film’s failure has put Varun Tej’s career in a tough spot, affecting the theatrical deals for his upcoming movies. If this trend continues, it could also have an impact on his non-theatrical deals.

As a result, the producers have reassessed the budget for the new film and reduced it by 15%. Known for his successful entertainers, Merlapaka Gandhi will be directing the film, which is expected to be a moderate-budget entertainer. The success of this film is crucial for Varun Tej’s career, and the movie is being produced by UV Creations and First Frame Entertainments. The film is currently in pre-production, with shooting set to begin in March 2025.

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