Balakrishna picks up the tab!

In a heartening move, the actor-producer issued an official statement to offset the losses incurred by his recent film, NTR Kathanayakudu

Nandamuri Balakrishna, who produced his film NTR: Kathanayakudu, has decided to share the losses arising out of the film’s debacle, and issued an official statement to that effect. “Balakrishna will share up to one third of the losses of Kathanayakudu and will also share 40 per cent of the revenues of the second part to compensate all the buyers with every penny,” read the statement, which officially puts an end to rumours about how the actor will compensate people associated with his film. “This puts an end to the rumours surrounding the NTR – Mahanayakudu release. Balakrishna personally held talks with the buyers and distributors to make sure they are on the safer side,” added the statement. Naturally, the actor’s assurance has made all of them extremely happy, with many expressing their gratitude for the same.

NTR: Mahanayakudu is slated for release in the third week of February.