Vashu Bhagnani's Pooja Entertainment is currently embroiled in a fierce legal fight with Netflix. The production house has accused the streaming giant of owing them a whopping Rs 47.37 crore. Netflix, however, has flipped the narrative, claiming that it is actually Pooja Entertainment who owes them money.
The case, currently under investigation by the Economic Offences Wing (EOW), took a sharp turn as Netflix India faces backlash for allegedly not cooperating with the investigation. Senior Inspector Ravindra Avhad, who is handling the case, stated, "This Rs 47.37 crore is what Netflix owes Vashu Bhagnani. But Netflix is not cooperating. We sent them two summons, but they didn’t appear. The Bhagnanis came to us in April, gave their statements, and handed over documents. Netflix asked for time but never showed up. They keep sending lower-level staff, but it’s Monica Shergill (Content Head, Netflix India) who should be appearing."
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The conflict stems from claims made by Vashu Bhagnani in April 2024, alleging that Netflix interfered with three of his films – Hero No 1, Mission Raniganj, and Bade Miyan Chote Miyan. Along with the streaming giant, Bhagnani also named two companies, Los Gatos Production Services India and Zoo Digital India, in the complaint.
Bhagnani remains confident that justice will prevail. "We registered the case against Netflix in April. We have full faith in the EOW to resolve the matter," he said.
Netflix, on the other hand, stands firm in denying the accusations. In a statement, the platform declared, “These claims are completely unfounded. It’s Pooja Entertainment that owes Netflix money. We are working with the authorities to resolve this issue."
All eyes are now on the next steps, as the Bhagnanis push for more cooperation and the EOW continues its investigation.