'Oxygen' has formally been launched yesterday with pooja ceremony in Sri Viswaroopa Saibaba Temple in the city of Chennai. Noted producer AM Ratnam's son Jyothi Krishna will be directing this movie while S Aishwarya will produce the movie on Sri Sairam Creations. This fast paced entertainer has senior hero Jagapathi Babu is a key role. Regular shoot of the movie will kickstart in the month of January. Rashi Khanna romances Gopichand while Yuvan Shankar Raja will compose the tunes of the movie.