Pooja Entertainment, once a leading production house known for consecutive hit movies, is currently facing significant difficulties.
Its recent release, Bade Miyan Chote Miyan, performed disastrously at the box office, and some crew members have accused the production house of unpaid dues.
Reports now suggest that veteran producer Vashu Bhagnani may be forced to sell his office following a series of flops.
According to Bollywood Hungama, the troubles began with Bell Bottom, one of the first Hindi movies to release in theaters after the COVID-19 pandemic in 2021, which failed at the box office. This was followed by the underperformance of Mission Raniganj.
Additionally, their latest big-budget film, Ganapath, performed poorly, and even Netflix rejected it despite an acquisition agreement.
By this point, Pooja Entertainment's financial statements were already reflecting signs of trouble, further exacerbated by the heavy investment in Bade Miyan Chote Miyan.
The source elaborated, “The action entertainer featuring Akshay Kumar and Tiger Shroff was expected to revive the company’s finances. However, Ali Abbas Zafar's directorial turned out to be the biggest flop in history, nearly bankrupting the firm. To settle the significant debts incurred, Vashu Bhagnani had no choice but to consider selling his building.”
As Pooja Entertainment navigates this challenging period, industry insiders are closely watching to see whether the production house can weather this storm and recover from such major setbacks.
