9 months ago
Rakul Preet Singh on Jackky Bhagnani's Financial Struggles
Rakul Preet Singh, who is married to Jackky Bhagnani, talked about the tough time her family went through when their movie company, Pooja Entertainment, lost a lot of money.
Their big movie, Bade Miyan Chote Miyan, didn't do well, and this caused many problems.
They had to borrow money by putting their houses as security and even let go of most of their workers.
Rakul said that a lot of what people wrote about this wasn't true and that every movie producer goes through bad times.
She also said it's important to stay positive and be grateful for what you have.
Jackky earlier talked about how painful it was and how they trusted the director to make a good movie, but it didn't work out.
Pooja Entertainment faced financial difficulties after the poor performance of Bade Miyan Chote Miyan, which reportedly cost Rs 400 crore.
Vashu Bhagnani filed an FIR against director Ali Abbas Zafar, accusing him of financial fraud and inflating the film's budget.
The company reportedly laid off 80% of its staff and mortgaged multiple properties to manage an estimated debt of Rs 250 crore.
Rakul Preet Singh defended her family, stating that much of the reported information was inaccurate and that financial losses are common in the film industry.
Jackky Bhagnani previously spoke about the financial turmoil, mentioning that the family mortgaged properties to fund the film and that the returns were less than 50%.
- Who
- Rakul Preet Singh, Jackky Bhagnani, Vashu Bhagnani, Ali Abbas Zafar
- What
- Financial struggles of Pooja Entertainment after the failure of Bade Miyan Chote Miyan
- Where
- Mumbai, India
- When
- 2024
- Why
- The film's poor performance led to significant financial losses and operational challenges for the production house.
Key facts
- Production House
- Pooja Entertainment
- Film
- Bade Miyan Chote Miyan
- Reported Budget
- Rs 400 crore
- Estimated Debt
- Rs 250 crore
- Staff Layoffs
- 80%
- Office Building
- Seven-storey Mumbai office
- Denial of Bankruptcy
- Vashu Bhagnani
Quotes
Rakul Preet Singh
Actress and wife of Jackky Bhagnani
“It was a very challenging time for the family and for him. But a lot of things said in the news weren't even correct. No company is shut. I didn't even know because I don't read. I was unbothered because I knew things first-hand. Yes, it's a fact that two to three films didn't work, and it was a huge blow that brought a lot of financial loss—but that happens with every producer. It even happened to Amitabh Bachchan at one point. This is all a phase.”
NDTV
“Any situation in life has two ways of looking at it. I can either register all the wrong things happening or be grateful that I have a roof over my head and a healthy body. I can either say, 'My film didn't do Rs 500 crore but someone else's did,' or I can be grateful that I have a film, I am working, and people are liking my work”
NDTV
