Top stars agree for pay cut

After hectic discussions, Tollywood stars have signed a "breakthrough" agreement to strengthen the bond between producers and artistes that will ultimately give some much-needed savings for filmmakers.

According to industry sources, stars like Venkatesh, Balakrishna, Mahesh Babu, NTR Jr, Ram Charan Tej, Allu Arjun and Ravi Teja have agreed to comply with the 60-odd measures proposed by the cost committee. These measures are expected to save Rs 40 to 60 lakh for a small film and Rs 2 to Rs 3 crore for a big-budget film.

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