Seasoned star and producer Nagarjuna Akkineni has stepped into film distribution across Andhra Pradesh and Telangana, with plans to scale up significantly in the coming years.
According to industry sources, Annapurna Studios has already set up a distribution office in Hyderabad and is now preparing to open a new office in Visakhapatnam, signalling a
major expansion across the two Telugu states.
“Nagarjuna has a production house which is over 50 years old and now plans to churn out more films while strengthening his distribution network,” says a source, adding that the actor-producer is cash-rich and well-positioned to give existing distributors stiff competition in the days ahead.