Bhagnanis vs Netflix feud ends on good note Eventually, the feud amid Puja Entertainment and streaming giant comes to an end.
Bhagnanis vs Netflix feud ends on good note
Eventually, the feud amid Puja Entertainment and streaming giant comes to an end.
News comes to light that both the parties agreed on a settlement. Netflix has paid the Bhagnanis a substantial amount to end the matter. The exact figure is only known to the head honchos but it is believed to be over
Rs. 20 crores.
A source close to the settlement reveals that both Netflix and Vashu Bhagnani-Jackky Bhagnani have now decided to make a fresh start and are hoping to have a great, long association with each other.
It was in September 2024, Vashu Bhagnani and Jackky Bhagnani sued Netflix for cheating and non-payment of dues to the tune of nearly Rs. 47.37 crores. They complained to the Economic Offences Wing (EOW) of the Mumbai Police and claimed that they were yet to receive due towards the OTT rights of their three films – Mission Raniganj, Bade Miyan Chote Miyan and Hero No 1.
At that time around Senior Inspector Ravindra Avhad had informed that the amount of Rs. 47.37 crore is what Netflix owes to the complainant, Vashu Bhagnani. But Netflix is not cooperating. We sent them two summonses, but they never appeared and also never bothered to reply to the letter sent to them by Netflix.
He further added that Bhagnanis met them in April, they have recorded their statements and collected the required documents. Netflix asked for some time, but never turned up. They used to depute Lower level staff for the statement instead of Monika Shergill (Content Head, Netflix India) who should appear.
At that time, Netflix had denied the accusations saying that these claims are completely unfounded — indeed it’s Pooja Entertainment that owes Netflix money. They have a strong track record of partnership with the Indian creative community and are working with the authorities to resolve this dispute.
With this legal row now behind them, Vashu Bhagnani and Jackky Bhagnani can look forward to a new chapter of growth and collaboration. The renewed partnership with Netflix signals a promising future for Puja Entertainment. As the production house gears up for its upcoming ventures, this resolution allows it to refocus on delivering quality entertainment to audiences worldwide.
News Edit KV Raman
