There were huge speculations two months back about the future of the Tollywood industry when film actor Nagarjuna's N-Convention was served notices. But suddenly the matter has gone off silently and insiders say some money dealing settled the matter.
The same seems to be the case with Padmalaya studios and other prime properties of film stars, some of which were even situated in Ghatkesar Gurukul Trust lands near Madhapur, which now remains untouched.
Now with KCR giving assurances to the film industry that they need not go anywhere and with plans afoot to build a new film city, sources say that KCR is well aware that without cooperation from Andhra based film personalities, a new image cannot be brought to Hyderabad with respect to film industry.
Therefore there are reports that viewing film industry as a source of revenue and brand image, more or less the film industry may have struck a compromise with KCR and vice versa. If this is indeed true, then for Telugu people, as of now, it implies one less thing to worry about!