'Sarrainodu' satellite rights acquired for Rs.16 crore

The satellite rights of Telugu actioner "Sarrainodu", which releases in cinemas on April 22, have been acquired for a whopping Rs.16 crore, along with its dubbed Hindi and Malayalam versions.

"The Telugu, Malayalam and Hindi satellite rights of the film have been acquired for a record price of Rs.16 crore, making it the highest amount ever paid for an Allu Arjun starrer. A leading private channel is said to have bagged the deal," a source from the film's unit told IANS.

Directed by Boyapati Srinu, the film also stars Catherine Tresa, Rakul Preet Singh and Aadi Pinisetty.

In an out-and-out commercial entertainer, Arjun is rumoured to be playing a bodyguard in the film, appointed to look after an MLA, played by Catherine.

Produced by Geetha Arts, the film has music by S.S. Thaman.