Vashu Bhagnani alleges Netflix cheated him of ₹47cr; streamer responds
Bollywood producer Vashu Bhagnani has accused Netflix India of defrauding him over film rights worth ₹47.37cr. The Mumbai police's Economic Offences Wing (EOW) is currently investigating these allegations, an official confirmed on Wednesday. Bhagnani claims that the streaming giant failed to pay for the rights to three of his Hindi films: Hero No 1, Mission Raniganj, and Bade Miyan Chote Miyan.
Bhagnani's complaint targets Netflix's Indian content investment arm
Bhagnani, who heads the production and distribution company Pooja Entertainment, has lodged his complaint against Los Gatos Production Services India. This entity is used by Netflix to manage its content investments in the country. The complaint also implicates Zoo Digital India and several executives from both companies.
Netflix refutes allegations, claims Pooja Entertainment owes them money
In response to Bhagnani's allegations, Netflix has issued a statement denying any wrongdoing. "These claims are completely unfounded—indeed it's Pooja Entertainment that owes Netflix money," a spokesperson for the platform stated. "We have a strong track record of partnership with the Indian creative community and are working with the authorities to resolve this dispute." The EOW has reportedly summoned the production services firm for questioning in relation to this case.
Bhagnani is also at loggerheads with Ali Abbas Zafar
The situation is further complicated by another recent controversy involving Bhagnani and Bade Miyan Chote Miyan director Ali Abbas Zafar over unpaid dues. Zafar recently alleged that Bhagnani is yet to pay him over ₹7cr. Meanwhile, Bhagnani lodged a legal complaint against Zafar over the alleged misappropriation of funds during BMCM's production. He has claimed that Zafar diverted subsidy funds provided by Abu Dhabi authorities for personal or unauthorized use.
