In an attempt to boost up the production of Tamil movies, producer turned actor Pyramid Natarajan, under the banner of his Sai Meera Theatres has decided to produce 25 movies with a budget of 200 crores. Natarajan in a press meet stated that these movies would commence in a ceremony chaired by the Chief Minister Karunanidhi.
Natarajan stated that Sai Meera theatres is a join venture of a total of 230 theatres in India. This is an initiative with an aim to produce more Tamil movies. In good old days Kodambakkam witnessed about 150 movies per year, which gradually dwindled to 80. We hope to recreate the old scenario and make sure that 150 movies are released per year, Natarajan assured.
Sai Meera theatres has plans to expand their business in Malaysia as well. The company has recently entered into an agreement with the Malaysia based Centurion company and will open 150 theatres in the country. Besides, the company has already entered into agreements with the Mumbai based Infinity Film Completion Services, which they hope will bring in enough funds for the production ventures.
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