There was a time, when revenues from Overseas markets like USA, UK, Australia was meager. But it all began to change with films like 'Happy Days'. And after the super success of Magadheera in theoverseas market, the Overseas Market has just got better and bigger. The huge revenues which this film managed to rake in, has been an encouraging sign for overseas buyers to quote large amount of money for distribution rights. Recently, Venkatesh starrer, 'Namo Venkatesha' was bought for Rs. 1.7 crores, Ravi Teja's 'Shambi Shiva Shambo' for Rs.70 lakhs and Allu Arjun's 'Varudu' with director Gunasekhar was bought for Rs.1.4 crores. There is also a buzz that Ram Charan Teja's third film 'Orange' with Genelia might be bought for as much as Rs.2.50 Crores! The way things are shaping up for Telugu films in countries like US and UK, it only seems to be getting better and better.
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