Padma Shri Mohanbabu has established the production house Lakshmi Prasanna Pictures in 1982 and has turned producer by producing over 56 films on the banner. Thinking about his sons career in Tollywood, Mohan Babu is said to have started Lakshmi Prasanna Pictures.
However, Manchu Vishnu has recently established 24 Frames Entertainmentsbanner and has produced his film Vasthadu Naa Raju. Vishnu also informed that he is in plans to produce other heroes’ films under his banner along with his own films.Following this, Mohan Babu’s daughter Lakshmi Prasanna also has established new banner Manchu Entertainment and is producing Manchu Manoj’s new flick 'Oo Kodathara Ulikki Padathara'. Lakshmi Prasanna held a pressmeet and informed the details, a couple of days back but it is a surprise that neither Mohan Babu nor Vishnu attended the event. Sources are abuzz that Mohan Babu is not happy with the launch of another new banner in his own family though he is said to be presenter for both banners.
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