Noted film producer and Dada Saheb Phalke award winner Daggubati Rama Naidu passed away on Wednesday. The 78-year-old had been suffering with cancer for the last few months and was not seen in public.Rama Naidu has produced more than 135 films and made films in several Indian languages under his Suresh Productions banner. His son D Suresh is also a producer. Well-known film star Venkatesh is his son.The Telugu film industry has expressed shock at the demise of the ���Movie Moghul��� as he was known as. Rama Naidu was known to give utmost important to the script than the artistes and had introduced many artistes, including heroines and heroes to the silver screen.