Contrary to the earlier reports, Sri Media has sealed the deal a few days ago and not producer Dil Raju. It has acquired the distribution rights of Hyderabad for Rs 14 crore. Considering Pawan Kalyan's fan following in the capital city and Telegana districts, the bosses of Sri Media reportedly agreed to pay the whopping price. Earlier, it had distributed movies like Jai Chiranjeevi, Desamuduru, Rakhi, Chirutha, and Sainikudu.
Panjaa, which also features Sarah Jane, Anjali Lavania, Jackie Shroff, Atul Kulakarni in key roles, will hit the screens on December 9. It is directed by Vishnuvardhan and jointly produced by Shobu Yarlagadda and Prasad Devineni.