Akshay Kumar CALLED Vashu Bhagnani With Concern, Told Him 'Not To Worry' Amid Pooja Entertainment's Rs 250 Crore Loss Report
Recent media reports indicate that Pooja Entertainment, owned by Vashu Bhagnani and Jackky Bhagnani, is experiencing significant financial losses due to several box office failures
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Reports of Vashu Bhagnani's Pooja Entertainment facing losses amounting to Rs 250 crore have been circulating widely. In response to these reports, Bhagnani revealed that Akshay Kumar recently called him to check the validity of these claims. Akshay expressed his unwavering support, assuring Bhagnani that he would always stand by the production house. ALSO READ: Akshay Kumar Is A Man Of Many Firsts; From Experimenting With Genres To Taking On Different Roles- DEETS INSIDE
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Akshay Kumar
"Akshay was the first person to call me and say not to worry and to let him know if there was anything he could do. He lent his unconditional support. I also got calls from Sunny Deol, Suniel Shetty, and my old friend David Dhawan. I am really moved by everyone; they are people who stick by you," Vashu told ANI on Wednesday. Bhagnani emphasized his deep affection for the film industry, stating, "I love the film industry; it is my jaan. There are still very emotional people in this industry who stick by you through thick and thin." ALSO READ: Sarfira’s Song Maar Udi OUT: Akshay Kumar-Paresh Rawal Starrer Tells A Tale Of Hardwork And Dedication
Recently, various media reports claimed that Pooja Entertainment, owned by Vashu Bhagnani and his son Jackky Bhagnani, is suffering significant financial losses due to several box office failures. Bollywood Hungama reported that Vashu sold the seven-story office of Pooja Entertainment to settle a debt of Rs 250 crore. The report also mentioned that the proceeds from the sale were being used to pay off debts and that the production house had laid off 80 per cent of its staff.
However, Vashu Bhagnani issued a statement to dispel these rumours, asserting that the building was undergoing redevelopment. He addressed the allegations of non-payment of dues to crew members, stating, "I have been in the business for the past 30 years. If there are people who claim that we owe them money, they should come forward and talk to us. Do they have proper contracts with Pooja Entertainment? Have they filed a case regarding this? There are so many ways to sort this rather than ranting on social media. If there is an issue, we will resolve it. Nobody is running away. Please come to my office, talk to us, give us your documents and give us 60 days to figure things out. I am not going to buckle under any pressure or blackmail. We also work with production companies in the UK. If they owe someone money, then people must reach out to them directly."
Pooja Entertainment is one of the oldest production companies in the industry, having backed successful films like Coolie No. 1, Hero No. 1, BellBottom, Biwi No. 1, F.A.L.T.U., Jawani Jaaneman, and Rehnaa Hai Terre Dil Mein, among others. Despite the recent challenges, the production house remains committed to its legacy and future projects.
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