Pyramid Saimira has made its presence felt in the south Indian film industry by taking up the distribution of many films here. It has also entered into production of south Indian films recently.
Given the huge market, corporate entry is becoming common these days. Telugu industry is no exception. Already, Reliance Group, Adlabs are all setting up their base in the south zone, to overlook production and distribution activities here.
Recently, Adlabs had a tie-up with Ramanaidu Studios.
Now comes the news that Pyramid Saimira has taken Shabdalaya Recording Theatre for a long-term lease. Tammareddy Bharadwaja will be looking after the activities of the company here.