Chennai,May 3(TruthDive): Uttama Villain saw the daylight thanks to Studio Green Gnanavel Raja. Around Rs 35 crores were outstanding towards Eros International and financier Jaswant Bhandari.
Uttama Villain was produced by Kamal Haasan under the banner of Raaj Kamal Films on a Rs 55 crore budget. Taking almost one year, Kamal Haasan held the overseas distribution rights and for Kerala. Thirupathi Brothers being on a downslide after Anjaan flop had borrowed heavily from the financiers by promising distribution rights.
Uttama Villain Chennai distribution was given to Abirami mall and Madurai to Anbu. Thirupathi Brothers did not anticipate Eros and Bhandari to pull off a last minute discord as it was agreed that the collections from theatres would go to settle their dues. As word spread around that the production house would face litigations,they decided to press the panic button. They blocked the company that was digitalising the movie from delivering the content till the dues were cleared.
As talks moved on, Chandrabose, brother and partner of Lingusamy ‘s Thirupathi brothers called his friend Gnanavel Raja. Raja, a cousin of actor Suriya and Karthi runs a distribution cum production company. Raja had bought the distribution rights of Vai Raja Vai releasing on the same day of Uttama Villain. Raja in turn called his friend C V Kumar, YNot studios Shashikant and a few others and decided to buy out areas other than Chennai and Madurai and put on the table Rs 35 crores. This is Rs 15 crores more than the market price. This was made possible only because Raja had trust in Bose.
Uttama Villain is expected to do well in urban areas but might fly over the heads of the mass audience. The two day non release of Uttama Villain has resulted in a huge loss.
Meantime,big ticket producers are facing trouble on the financial front. Ascar Ravichandran featured in an advt issued by IOB stating a list of properties that the bank has notified as those will be auctioned. A M Rathinam who lost money on Yennai Arindhaal was bailed out by Ajith who has given him another date for a new film.