Pooja Entertainment, a leading production house by Bhagnani known for its hit films, has faced a series of setbacks in recent years. Their latest release, “Bade Miyan Chote Miyan,” failed to make an impact at the box office.
Compounding their troubles, several crew members have accused the company of non-payment. Adding to the turmoil, veteran producer Vashu Bhagnani is reportedly selling his office due to consecutive flops, according to a source cited by Bollywood Hungama.
The Decline Starting with “Bell Bottom”
A source revealed that the company’s troubles began with “Bell Bottom,” one of the first Hindi films released in theaters post the COVID-19 pandemic in 2021. Unfortunately, the film performed poorly at the box office. Following this, their next release, “Mission Raniganj,” also failed to attract audiences. This string of failures marked the beginning of financial difficulties for the company.
Bhagnani Financial Strain and Big-Budget Failures
The source further explained that Pooja Entertainment faced a significant setback when their big-budget film “Ganapath” failed to perform well. The situation worsened when Netflix declined to acquire the movie despite an initial deal. By this point, the company’s financial health was visibly deteriorating, and the substantial investment in “Bade Miyan Chote Miyan” only exacerbated the situation.
Hopes Pinned on “Bade Miyan Chote Miyan”
Despite these challenges, Pooja Entertainment remained hopeful that their action entertainer, starring Akshay Kumar and Tiger Shroff, would revive their financial status. Unfortunately, the film, directed by Ali Abbas Zafar, turned out to be a historic failure, delivering a severe blow to the company’s finances.
The Decision to Sell the Office
With mounting debts and no successful projects to offset the losses, Vashu Bhagnani had no option but to sell the company’s office building to pay off the enormous debt. The failure of “Bade Miyan Chote Miyan” was particularly crippling, leaving the company in a precarious financial position.