Mahesh Babu is all set to produce a web series. The actor is also planning to produce small budget movies. According to the latest update, a debutant named Hussain is going to direct the web-series, which will be bankrolled by Mahesh Babu. The regular shoot of web series is expected to commence either by the end of January or the February. Till now, he was a partner in his own movie, but now he is going to expand his horizons.
The sources close to Mahesh Babu revealed that number of new directors are meeting Srimanthudu star and they are coming up with different kinds of subjects. As Mahesh Babu has decided to encourage new talent, he is going to produce the movie in which other new actors will play the lead roles. Hussain, a newbie, is going to direct Mahesh Babu’s web series.
Mahesh Babu has recently ventured into the multiplex business with Asian Cinemas at Gachibowli, Hyderabad. AMB Cinemas, acronym for Asian Mahesh Babu Cinemas. Asian Group is one of the leading film distribution companies in the Telugu film industry and it’s their first joint venture with Mahesh Babu.
Mahesh Babu’s AMB Cinemas, is equipped with state-of-the-art technology. According to reports, the actor is said to have a holding of around 20% share in the venture. He has a share of two screens and will share the profits of these two screens. He owns the production house G. Mahesh Babu Entertainment Pvt. Ltd. Mahesh Babu was also the co-producer of Srimanthudu and Brahmotsavam.
On the other-side, Mahesh Babu was last seen in Bharat Ane Nenu where he essayed the role of Chief Minister and shared the screen space with Kiara Adavni. Currently he is working with Vamsi Paidipally for Maharshi, which is produced by C. Ashwini Dutt, Dil Raju and Prasad V. Potluri, under the banners of Vyjayanthi Movies, Sri Venkateswara Creationsand PVP Cinema.