Nagarjuna Akkineni owns Annapurna Studios, a film studio, production banner, and distribution company.
His niece Supriya Yarlagadda oversees many of these operations and is also part of the Active Producers Guild.
At the same time, Nagarjuna and Annapurna Studios share a long-standing association with Suniel Narang of Asian Cinemas.
Hence, the actor and his studio have adopted a balanced approach in the ongoing tussle between the Producers Guild and the Telangana Exhibitors Association.
After Shirish and Suniel Narang took direct digs at various members of the Guild, tensions within the Telugu film industry escalated.
Amid the growing conflict, Annapurna Studios today announced that the company would continue to abide by the decisions of the Telugu Film Chamber of Commerce, as it has done for years.
With this statement, the studio carefully avoided taking sides in the issue.
