Selvaraghavan to pay for Irandam Ulagam losses!

The Arya-Anushka starrer Irandam Ulagam directed by Selvaraghavn has bombed at the box office causing losses to the tune of 35 crore to its producers! Selva had apparently had a deal with PVP the producers before shoot regarding the profit/loss sharing to be 50-50. This means that the director has to pay 17.5 crore to the PVP team.

Producer Council President Keyar meanwhile issued a statement that big budgeted films like Irandam Ulagam are a risk considering the genre and weak script that was rejected even by its niche audience. He felt that the directors should be more serious in spending the producer’s money and that they should attempt films that are more likely to fetch profits.