Cine1 Studio Private Limited has filed a case against T-Series, asserting that the two production houses had entered into an agreement to produce ‘Animal’ with a 35 percent profit share. The studio claims that T-Series has incurred expenses for production, promotion, and release, collected box office revenues, but has not shared any details or paid them any money.
However, a source told ETimes, “It is a traditional trade practice that T-Series is following in the case of ‘Animal.’ Typically, the P&A (Print and Advertising) and OTT payment come after six months once the cost is covered. Additionally, it has only been one and a half months since the film’s release. T-Series is committed to honoring the profit-sharing agreement, so why is Cine1 in a hurry? The contract stipulates that statements will be provided after 60 days of the release, which is yet to be completed.”
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The next hearing for the case is scheduled for Thursday. When we reached out to Murad Khetani, the owner of Cine1 Studio, we failed to get any response to our queries.
Sandeep Reddy Wanga‘s ‘Animal’ stars Ranbir Kapoor, Bobby Deol, Anil KapoorRashmika Mandanna and others. The film received positive reviews from the audience and the critics alike. The film, which locked horns with Vicky Kaushal starrer ‘Sam Bahadur’, did some record-breaking collections at the box office.
