Fashionable manufacturing home Pooja Leisure, based by Vashu Bhagnani, made headlines in 2024 when it entered a authorized dispute with streaming large Netflix. The corporate sued the OTT platform for dishonest and non-payment of dues, which amounted to almost Rs 47.37 crores. Now, a report means that they’ve lastly settled their feud, with Netflix paying the leisure home over Rs. 20 crores.
A brand new replace on the authorized feud between Pooja Leisure and Netflix has come to gentle. An insider lately instructed Bollywood Hungama that each events have agreed on a settlement. Furthermore, Netflix has paid the Bhagnanis a considerable quantity to finish the matter. “The precise determine is just identified to the top honchos, however it’s believed to be over Rs. 20 crores,” the supply knowledgeable.
The insider additionally acknowledged that each Netflix and Vashu Bhagnani-Jackky Bhagnani have determined to make a recent begin and hope to have an awesome, lengthy affiliation with one another.
For the unknown, in 2024, the Bhagnanis complained about Netflix to the Financial Offences Wing (EOW) of the Mumbai Police. They claimed that the OTT platform was but to present them due in the direction of the streaming rights of their three movies, Mission Raniganj, Bade Miyan Chote Miyan, and Hero No. 1.
At the moment, senior Inspector Ravindra Avhad had instructed Hindustan Instances, “This quantity of Rs. 47.37 crore is what Netflix owes to the complainant, Vashu Bhagnani. However Netflix will not be cooperating.” The officer additionally acknowledged that they despatched the platform two summonses, however they didn’t seem and didn’t reply to the letter despatched to them.
However, Netflix acknowledged that the claims are “fully unfounded” and that it’s Pooja Leisure that owes Netflix cash. Pooja Leisure was based as Puja Movies by Vashu Bhagnani.
Quickly after, his son, actor, movie producer, and entrepreneur Jackky Bhagnani joined and is taking care of the working of the corporate alongside together with his sister Deepshikha Deshmukh. The manufacturing home has bankrolled a number of hit movies, together with Coolie No. 1, Bade Miyan Chote Miyan, Rehnaa Hai Terre Dil Mein, and the lately launched Mere Husband Ki Biwi.
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Netflix denies Bade Miyan Chote Miyan producer Vashu Bhagnani’s non-payment of dues allegations; says Pooja Leisure ‘owes’ them