It is known news that recently Superstar Mahesh Babu has launched his world-class multiplex AMB Cinemas, in association with the popular multiplex chain, Asian Cinemas. It is located at a prime hub in Hyderabad city. And now according to the latest update, Stylish Star Allu Arjun is also planning to step into the multiplex business.
Mahesh Babu’s entry in multiplex business has paved the way for other Telugu stars to try their hands at Tollywood’s newest golden goose.
The sources say that Allu Arjun is in talks with Narang family to convert Satyam theater at Ameerpet circle into a vibrant multiplex, which is being helmed by Sunil Narang of Asian Cinemas. However, a deal is yet to be finalized.
It has also come out that Allu Arjun wants Satyam multiplex to be built on the same scale as Superstar Mahesh Babu’s project, AMB Cinemas, which was launched few days ago.
Allu Arjun has successfully ventured into food and hospitality business by claiming a stake in Hylife Brewing Company pub, the Cannoli Cafe bakery and the B-Dubs sports bar.
It is known news that Stylish Star Allu Arjun’s father (Mega producer Allu Aravind), incidentally, is a top producer in Tollywood and owns several single screen theatres in both the Telugu states- Andhra Pradesh and Telangana.
On the workside, Allu Arjun, who was last seen in Naa Peru Surya, has joined his hands with Trivikram Srinivas for an upcoming untitled project. The official announcement regarding this project will be made very soon. Currently Trivikram Srinivas, who is enjoying the success of his previous offering Aravinda Sametha Veera Raghava, is busy in the script work. It has also come out that both Allu Arjun and Trivikram Srinivas have decided to not take any remuneration for this project but they will take shares in table profit.