Tuesday, October 27, 2020

LYCA Producers of 2.0 , -India's costliest film set shop in Bollywood

 


Even as the media is buzzing with the news that Shankar has issued an ultimatum to LYCA to start Indian 2 shoot or wait till he comes back from another project that he is to start soon, comes the news that LYCA has on board Aashish Singh Director of  Netflix to head the Mumbai office that will be producing Bollywood movies in future.

Bollywood Hungama has exclusively discovered that one of the biggest producers down south, LYCA PRODUCTIONS is now gearing up to explore the Hindi film space and they have already started to chalk out plans of making multiple films in the next financial year. “LYCA is one of the biggest names down south and they have piggy banked the costliest Indian film till date, 2.0 featuring Rajinikanth in lead with Akshay Kumar in a negative role. They are now set to takeover full-fledged production in Bollywood and the back end work to get a line up in place has already begun,” a source told Bollywood Hungama, adding further that their film slate in Hindi will be a blend of original stories and remakes. “The idea is to churn out good content that is appreciated by the audience and it’s all work in progress at the moment. They would make up for the deficiency of content in commercial space in Bollywood, and is aiming to collaborate with the top names of the film industry”, the source further told us.



That’s not all, LYCA has also got Aashish Singh, who is currently working as the director of Netflix India, onboard to head their journey in Bollywood.  Aashish has worked as production head at YRF on films like Tiger Zinda Hai, Sultan, Dhoom 3, Ek Tha Tiger, Chak De India, and Dhoom 2 among others. Singh has also been associated with Balaji Telefilms in the past as CEO. LYCA PRODUCTIONS is a sub-brand of leading international mobile service providers, Lyca Mobile, and apart from film production, are also looking to explore the exhibition and distribution front across the country and markets (Regional + Hindi). On 70th birthday of Modi, the official handle of Lyca Productions tweeted, “As mark of it’s love and respect for the Prime Minister Shri @narendramodi ji on his 70th birthday @LycaProductions is Privileged to present ‘Karmyogi’ -Tamil along with legendary film-maker #SanjayLeelaBhansali produced by #MahaveerJain directed by #SsanjayTripaathy #HBDDearPM” The film is written and directed by Ssanjay Tripaathy and is described as the “untold story from the life of the Prime Minister which has not been in the public domain so far.” 

In Tamil, LYCA is bankrolling Manirathinam’s magnum opus Ponniyin Selvan. The film finished a schedule in Thailand and now after the relaxations of COVID, the unit is getting back the huge star cast to restart the shoot. Indian 2 ,the sequel with Kamal Haasan and directed by Shankar ( next after 2.0)  finished one schedule and has yet to resume shoot post COVID. The producers according to sources had asked Shankar to cut down the budget from Rs 400 crores. The director had given a Rs 200 cr budget but  LYCA wants it to be further cut down as theatrical business in India will take a long time to pick up .Kamal who is hosting the Bigg Boss 4 Tamil is to go in for a start to finish schedule of a film that will be his propaganda vehicle in the coming May . His party is contesting the polls to State Assembly.. Sources say that an audit team from London had found that there was widespread siphoning away  of funds at the Chennai office. Some production companies that received advance to start movies but are sitting on it has been asked to return it.

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