Eros International — with whom the filmmaker Sanjay Leela Bhansali collaborated on films like Goliyon Ki Rasleela: Ram-Leela, and Bajirao Mastani — has pulled out of the project. Eros International and Viacom 18 were supposed to jointly produce Sanjay Leela Bhansali's upcoming movie a historical drama titled Padmavati. However,according to the latest reports Eros International has backed out of the project and thus, Reliance Jio has been approached.
It was earlier reported that Eros International had joined hands with Viacom 18 as producers of Deepika Padukone-starrer Padmavati. The huge budget of Rs 150 crore was apparently the reason behind the collaboration.
The reason given by most news reports for Eros' discontinuing with Padmavati is the film's huge budget.At a time when the industry seems shaken by the losses suffered by the historical Mohenjo Daro (made at a cost of approximately Rs 150 crore), concerns for Eros over Padmavati's high budget aren't misplaced.
A report also quoted a source saying that Eros had never confirmed its association with the film.
"Eros had never really announced any association with Rani Padmavati. All stories that have been floating in the media have been speculative. So there is no question of Eros backing out of the project," a source told the publication.
The report also said that Sanjay Leela Bhansali now approached Reliance Jio to collaborate with Viacom 18 as producers of Padmavati and the deal has almost been confirmed. Although the cast of Padmavati has not been confirmed, reports suggest Deepika will be seen sharing screen space with Ranveer Singh and Shahid Kapoor in the film.
After the success of Bajirao Mastani, there is much expectation from the movie Padmavati and it is touted to be one of the most ambitious projects of Sanjay Leela Bhansali.