Akkineni family Shifting to Vizag due to Burden of Debts

ANR played the most vital role in shifting the Telugu Film industry from Chennai to Hyderabad.ANR built the Annapurna Studios and did best service to the film industry of his energy.To develop the studio ANR's son's Akkineni venkat,Nagarjuna also worked a lot.Akkineni family had given life to many of the new directors,New actors,Technicians etc..

Akkineni Family is the most respected family among the movie industry.But now this family is shifting to Vizag from hyderabad because they were unable to clear the debt of about 62 crores and they loss the land of the 7.2 acres of Annapurna Studios.This is the hot topic of the industry now.But all the cine lovers were now unable to digest this news.

                

After the division of the state Akkineni family wanted to shift their family and Studios to vizag is the interesting thing.They already sold some of their properties.So we have to wait and see what happens to the industry and to the Akkineni family.