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

After a unpleasant 2024, great times are at last unfolding upon Vashu Bhagnani and Jackky Bhagnani’s Puja Amusement. Fair final week, they discharged their romcom, Insignificant Spouse Ki Biwi, which gotten a better than average reaction from the moviegoers. On the same day, Jackky and Unimportant Spouse Ki Biwi’s performing artist Rakul Preet Singh celebrated their to begin with wedding commemoration. And presently, it has come to light that their quarrel with spilling mammoth Netflix has gotten over

A source told Bollywood Hungama, “Both the parties concurred on a settlement. Netflix has paid the Bhagnanis a considerable sum to conclusion the matter. The correct figure is as it were known to the head honchos but it is accepted to be over Rs. 20 crores.”

The source encourage said, “Both Netflix and Vashu Bhagnani-Jackky Bhagnani have presently chosen to make a new begin and are trusting to have a awesome, long affiliation with each other.”

In September 2024, Vashu Bhagnani and Jackky Bhagnani sued Netflix for cheating and non-payment of levy to the tune of about Rs. 47.37 crores. They complained to the Financial Offenses Wing (EOW) of the Mumbai Police and claimed that they were however to get due towards the OTT rights of their three movies – Mission Raniganj, Bade Miyan Chote Miyan and Legend No 1.

Senior Auditor Ravindra Avhad had told HT City at that time, “This sum of Rs. 47.37 crore is what Netflix owes to the complainant, Vashu Bhagnani. But Netflix is not collaborating. We sent them two summonses, but they are not showing up. They haven’t answered to the letter sent to them by us. Bhagnanis came to us in April, we recorded their articulations and collected the required reports. Netflix inquired for a few time, but aaye howdy nahin. Lower level ke staff ko bhej dete hain articulation ke liye, but it is Monika Shergill (Substance Head, Netflix India) who ought to appear.”

At that time, Netflix had denied the allegations. They said, “These claims are totally unwarranted — undoubtedly it’s Pooja Amusement that owes Netflix cash. We have a solid track record of association with the Indian imaginative community and are working with the specialists to resolve this dispute.”

With this legitimate push presently behind them, Vashu Bhagnani and Jackky Bhagnani can see forward to a unused chapter of development and collaboration. The recharged association with Netflix signals a promising future for Puja Excitement. As the generation house gears up for its up and coming wanders, this determination permits it to refocus on conveying quality excitement to groups of onlookers around the world.