EXCLUSIVE: Rs. 20 cr.+ settlement ends Netflix & Puja Leisure’s year-long dispute; Netflix & Bhagnanis bury the hatchet : Bollywood Info

After a tricky 2024, good events are lastly dawning upon Vashu Bhagnani and Jackky Bhagnani’s Puja Leisure. Merely ultimate week, they launched their romcom, Mere Husband Ki Biwi, which acquired a very good response from the moviegoers. On the equivalent day, Jackky and Mere Husband Ki Biwi’s actress Rakul Preet Singh celebrated their first marriage ceremony ceremony anniversary. And now, it has come to delicate that their feud with streaming massive Netflix has gotten over.

EXCLUSIVE: Rs. 20 cr.+ settlement ends Netflix & Puja Entertainment's year-long dispute; Netflix & Bhagnanis bury the hatchet

EXCLUSIVE: Rs. 20 cr.+ settlement ends Netflix & Puja Leisure’s year-long dispute; Netflix & Bhagnanis bury the hatchet

A provide knowledgeable Bollywood Hungama, “Every the occasions agreed on a settlement. Netflix has paid the Bhagnanis a substantial amount to complete the matter. The exact decide is simply recognized to the highest honchos nevertheless it is believed to be over Rs. 20 crores.”

The availability further acknowledged, “Every Netflix and Vashu Bhagnani-Jackky Bhagnani have now decided to make a latest start and are hoping to have a terrific, prolonged affiliation with each other.”

In September 2024, Vashu Bhagnani and Jackky Bhagnani sued Netflix for dishonest and non-payment of dues to the tune of virtually Rs. 47.37 crores. They complained to the Monetary Offences Wing (EOW) of the Mumbai Police and claimed that they’ve been however to acquire due in route of the OTT rights of their three films – Mission Raniganj, Bade Miyan Chote Miyan and Hero No 1.

Senior Inspector Ravindra Avhad had knowledgeable HT Metropolis in the mean time, “This amount of Rs. 47.37 crore is what Netflix owes to the complainant, Vashu Bhagnani. Nevertheless Netflix is not cooperating. We despatched them two summonses, nevertheless they are not exhibiting. They haven’t replied to the letter despatched to them by us. Bhagnanis bought right here to us in April, we recorded their statements and picked up the required paperwork. Netflix requested for some time, nevertheless aaye hi there nahin. Lower stage ke workers ko bhej dete hain assertion ke liye, nevertheless it is Monika Shergill (Content material materials Head, Netflix India) who ought to appear.”

In the mean time, Netflix had denied the accusations. They acknowledged, “These claims are totally unfounded — actually it’s Pooja Leisure that owes Netflix money. We have a strong observe doc of partnership with the Indian ingenious neighborhood and are working with the authorities to resolve this dispute.”

With this licensed row now behind them, Vashu Bhagnani and Jackky Bhagnani can look forward to a model new chapter of growth and collaboration. The renewed partnership with Netflix indicators a promising future for Puja Leisure. As a result of the manufacturing residence gears up for its upcoming ventures, this determination permits it to refocus on delivering prime quality leisure to audiences worldwide.

Moreover Study: Vashu and Jackky Bhagnani of Pooja Entertainment file complaint against Ali Abbas Zafar over alleged fund misappropriation

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