(CTN News) – A legal dispute has arisen regarding Ranbir Kapoor’s movie Animal just days before it is scheduled to be released on Netflix on January 26.
According to News18, the controversy stems from a dispute between T-Series, one of the main producers of the film, and Cine 1 Studios Private Limited, which claims to be a co-producer of the film.
There has been a lawsuit filed by Cine 1 Studios on behalf of T-Series in the Delhi High Court alleging that they have failed to honor the profit-sharing agreement set forth in the 2019 Acquisition Agreement and the associated amendment agreement.
This legal action is the result of the production house claiming that several clauses of these agreements have been violated as a result of the legal action. In order to prevent Animal from being released on Netflix and to prevent the announcement of the sequel, Animal Park, Cine 1 Studios is seeking an injunction preventing the release of Animal on Netflix.
On Monday, Justice Sanjeev Narula heard the case from Cine 1’s lawyer, senior advocate Sandeep Sethi, who argued that his client was not informed about box office sales, digital distribution, or satellite rights revenues, claiming that they had not been paid one penny. Moreover, Cine 1 asserts intellectual property rights and a 35% profit share in Animal.
During the trial, T-Series’ lawyer, senior advocate Amit Siba, argued that Cine 1 had no investment in the movie and accused it of concealing important information.
Documents presented by the lawyer indicated that the parties had executed two agreements in August 2022 as amendments to the 2019 Acquisition Agreement. T-Series claims to have paid Cine 1 Rs 2.6 crore, a fact that the latter is alleged to have concealed.
A lack of awareness on Cine 1’s part regarding the payment was revealed during the court proceedings, prompting the lawyer to commit to investigating the matter and informing the court as soon as possible.
The legal battle is unfolding as Animal’s Netflix release hangs in the balance, adding an unexpected twist to the film’s journey to audiences.