Friday, February 15, 2008

Pyramid Saimira in trouble


Apart from buying distribution rights of films like 'Azhagiya Thamizhmagan' and 'Vel,' Pyramid Saimira is also into film production.
The company has taken more than 100 theatres on lease in Tamilnadu. According to information received, Pyramid Natarajan wants to opt out of the company, ostensibly because of some troubled financial dealings.

One of the measures to be undertaken by Pyramid Saimira was to help out needy producers with grants. Because of the latest developments, there are rumours that this project could be dropped.It's said the company name could be also changed to just Saimira.