Latest news with #IvyEntertainment
News18
3 days ago
- Business
- News18
Prabhas' The Raja Saab Producers Clarify Worker Dues Amid Legal Trouble: 'The Delay Occurred Due To…'
Last Updated: People Media Factory says Rs 1 crore is still due to Prabhas' The Raja Saab workers and will be paid directly to their bank accounts. Prabhas Movie The Raja Saab: People Media Factory (PMF) has issued a statement clarifying worker payment issues on the Prabhas-starrer The Raja Saab. The production house confirmed that approximately Rs 60 crore has been paid to daily wage workers over the past year, with around Rs 1 crore still pending from schedules in July. PMF addressed comments made by outsiders in a statement. 'People Media Factory has disbursed approximately Rs 60 crores over the past 12 months towards daily wage workers engaged in BTL/production activities. In addition, around Rs 1 crore remains payable in relation to schedules worked during July. This amount of Rs 60 crore does not include monthly contract associates who are on monthly remuneration across various crafts, which accounts for an additional Rs 30 crores. These contract associates' payments are fully current. Furthermore, this figure excludes the remunerations of key technicians, artists, vendors, VFX teams, and location-related expenses," the statement read. It continued, 'It is therefore both inaccurate and inappropriate for unrelated individuals or self-proclaimed federation/union leaders to make public statements regarding internal company payments. People Media Factory has no agreements or financial obligations with any federations/unions and consequently holds no dues to them." PMF confirmed that the remaining Rs 1 crore will be paid directly into workers' bank accounts this week. 'The delay has occurred due to the unavailability of workers over the past two weeks, due to the sudden strike, and as the next schedule did not commence. Taking into consideration the difficulties being faced by our persons who have worked for us, we have decided to make exception to the policy and make the payments this week," PMF said. The production house also introduced a new system to prevent delays. 'To ensure greater transparency and to eliminate past malpractices of routing payments through representatives, all payments will henceforth be made directly to workers into their bank accounts. PMF will not release funds to intermediaries under any circumstance," the note added. How Workers Can Claim Dues Workers from the July schedule are requested to submit accurate bank details and complete the enrolment process. Payments will be disbursed within the same week after verification by Executive Producers. PMF expressed appreciation for cooperation and promised a smooth resumption of work. Legal Trouble Behind the Scenes The Raja Saab recently faced a legal complaint from Ivy Entertainment in Delhi High Court. The production company was accused of contractual breaches, including failing to complete and release the film on time, providing production updates, and disclosing fund utilisation. The Raja Saab is touted to be a horror-comedy, marking a genre break for Prabhas after having featured in action or fantasy dramas in the past few years. The film features a Haveli that's unlike anything seen before in Indian cinema. This grand set, spanning 41,256 sq ft, is officially the largest horror set ever constructed in India. First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
6 days ago
- Entertainment
- Time of India
Prabhas starrer 'The Raja Saab' lands in legal trouble: Co- producer files lawsuit against the makers
Picture Credit: X Prabhas ' much-awaited horror-comedy 'The Raja Saab' has found itself in legal trouble ahead of its release, with its co-producer facing a lawsuit in the Delhi High Court . Fans have been eagerly counting down to the film's theatrical debut on December 5, but new reports indicate that the production house might be involved in a contractual dispute. Lawsuit filed over alleged contractual breaches According to The Economic Times, Delhi-based production company, Ivy Entertainment has filed a case against People Media Factory (PMF) and its directors over alleged contractual breaches related to the film's production. Ivy Entertainment, which came on board as a co-producer, claims that PMF failed to fulfill key obligations, including completing and releasing the film on time, providing monthly production updates, disclosing the utilisation of funds, and delivering agreed-upon materials related to the film. The petition also alleges multiple delays in the theatrical release schedule. Investment jeopardized The legal documents reveal that Ivy Entertainment had entered into two agreements with PMF, a film rights acquisition agreement on January 25, 2023, and a theatrical rights acquisition agreement on March 10, 2023. Under these contracts, Ivy invested over Rs 218 crore into the project. The company now alleges that PMF's delays and "material breaches" have jeopardised its investment. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Treatment That Might Help You Against Knee Pain (Search Now) Knee Pain Treatment | Search Ads Undo Consequently, Ivy is seeking a refund of the full amount along with 18% annual interest. In its plea, Ivy has named PMF directors Vishwa Prasad Tumbalam Gooty and Subramanya Vivekananda Kuchibhotla, along with post-production vendors including Deccan Dreams Animations LLP, Prasad Xtreme Digital Cinema Network, Qube Cinema Technologies, and UFO Moviez. The petition requests the court to restrain PMF and its directors from "claiming and exploiting" any rights, title, or interest in the film. It also seeks orders directing vendors to cease any further dealings related to 'The Raja Saab'. About 'The Raja Saab' Directed by Maruthi, 'The Raja Saab' features the actor in a dual role, alongside the cast, which includes Sanjay Dutt, Nidhhi Agerwal, Malavika Mohanan, and Riddhi Kumar. The film tells the story of a young man, played by Prabhas, who inherits an old, abandoned property. Trying to make a quick profit out of it, it turns into a terrifying and hilarious adventure when he encounters a vengeful spirit tied to the house's dark past.
Hindustan Times
6 days ago
- Entertainment
- Hindustan Times
Prabhas' The Raja Saab lands in legal trouble, Ivy moves Delhi High Court against co-producer over contractual breaches
Fans are eagerly awaiting the release of Prabhas' next, The Raja Saab. However, it seems the horror-comedy has landed in legal trouble before release. As per the latest update by The Economic Times, Delhi-based Ivy Entertainment has filed a case in the Delhi High Court against co-producer People Media Factory (PMF) over alleged contractual breaches in the film's production. (Also read: The Raja Saab release date: Producer hints Prabhas' film will hit screens for Sankranthi, avoid clash with Dhurandhar) The Raja Saab: Prabhas headlines the horror comedy directed by Maruthi. The Raja Saab controversy explained As per the report, Ivy Entertainment has now filed a lawsuit in the Delhi High Court against its co-producer, People Media Factory (PMF), and its directors over alleged contractual breaches linked to The Raja Saab. The report stated, 'PMF failed to meet critical obligations including completing and releasing the film on time, providing monthly production updates, disclosing fund utilisation, delivering agreed materials relating to the film and delaying the theatrical release multiple times." The report further stated that Ivy came into an agreement with PMF on the film rights acquisition agreementon January 25, 2023 and theatrical rights acquisition agreement with PMF on March 10, 2023. Under these agreements, the company invested about ₹218 crore on the film. Ivy has now alleged delays and material breaches on the film, thereby seeking a refund of the amount it had invested along with 18% annual interest. In the petition, Ivy named directors Vishwa Prasad Tumbalam Gooty and Subramanya Vivekananda Kuchibhotla and post-production vendors including Deccan Dreams Animations LLP, Prasad Xtreme Digital Cinema Network, Qube Cinema Technologies and UFO Moviez, and directed them to stop any further dealing with the film. Ivy has sought the court's intervention to stop PMF and its directors from 'claiming and exploiting' any rights, title or interest in the film. The Raja Saab is reportedly being made on a 400 crore budget. The Raja Saab is a horror comedy starring Prabhas in a dual role along with Sanjay Dutt, Nidhhi Agerwal, Malavika Mohanan (in her Telugu film debut), and Riddhi Kumar. The film that has been in production since 2022 is currently slated for release on 5 December.
Economic Times
12-08-2025
- Entertainment
- Economic Times
Ivy Ent moves HC against Raja Saab co-producer
Synopsis Ivy Entertainment has filed a lawsuit in the Delhi High Court against People Media Factory and its directors, alleging contractual breaches related to the multilingual film *The Raja Saab*. Ivy Entertainment seeks a refund of its Rs 218 crore investment, claiming PMF failed to meet obligations such as timely completion, updates, and fund disclosure. Agencies Delhi-based Ivy Entertainment has moved the Delhi High Court against its co-producer of the big-budget, multilingual film The Raja Saab, Hyderabad-based People Media Factory Pvt Ltd (PMF), and its directors, seeking a permanent injunction over alleged contractual breaches in the making of the has alleged in its petition that PMF failed to meet critical obligations including completing and releasing the film on time, providing monthly production updates, disclosing fund utilisation, delivering agreed materials relating to the film and delaying the theatrical release multiple Entertainment, part of Ivy Holdings, entered into a film rights acquisition agreement and theatrical rights acquisition agreement with PMF on January 25, 2023, and March 10, 2023, respectively. Under these agreements, the media and entertainment company claims, it invested about Rs 218 crore in acquiring worldwide theatrical and non-theatrical rights along with contractual safeguards including guaranteed returns and co-presenter delays and material breaches which triggered termination of the agreements, Ivy Entertainment has sought refund of the amount it had invested along with 18% annual interest. The petition named directors Vishwa Prasad Tumbalam Gooty and Subramanya Vivekananda Kuchibhotla and post-production vendors including Deccan Dreams Animations LLP, Prasad Xtreme Digital Cinema Network, Qube Cinema Technologies and UFO Moviez, seeking directions to them to cease any dealings with the film without Ivy Entertainment's consent. The suit before the Delhi High Court seeks the court's intervention to restrain PMF and its directors from claiming and exploiting any rights, title or interest in the Entertainment has argued that it intends to finish production of the movie and release it to protect its to recent updates, The Raja Saab is expected to be released in January 2026. The film, which is a horror-comedy and stars pan-India star Prabhas, has a massive budget of more than Rs 400 crore. It was expected to compete with big Hindi films such as Dhurandar and Romeo in December this are of the view that the delay in the film's release might actually benefit the film as it would reduce competition and boost box-office collection.'The solo release of The Raja Saab will benefit the film as it reduces the competition with Hindi films. At present, two key factors work for the film. One is the film's genre. Horror comedy genre is the flavour of the season, " said producer Rajesh R Nair, known for Hindi films such as Kaminey and Adipurush. 'Another factor which works for the film is actor Prabhas' box-office appeal. He is a pan-India star given the historical record of his films at the box office. I think the film has the potential to open big at the box office as a solo release.'Ivy Entertainment has invested more than Rs 1,500 crore in south Indian films in the past three years.
Time of India
12-08-2025
- Business
- Time of India
Ivy Ent moves HC against Raja Saab co-producer
Delhi-based Ivy Entertainment has moved the Delhi High Court against its co-producer of the big-budget, multilingual film The Raja Saab , Hyderabad-based People Media Factory Pvt Ltd (PMF), and its directors, seeking a permanent injunction over alleged contractual breaches in the making of the film. It has alleged in its petition that PMF failed to meet critical obligations including completing and releasing the film on time, providing monthly production updates, disclosing fund utilisation, delivering agreed materials relating to the film and delaying the theatrical release multiple times. Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Ivy Entertainment, part of Ivy Holdings, entered into a film rights acquisition agreement and theatrical rights acquisition agreement with PMF on January 25, 2023, and March 10, 2023, respectively. Under these agreements, the media and entertainment company claims, it invested about Rs 218 crore in acquiring worldwide theatrical and non-theatrical rights along with contractual safeguards including guaranteed returns and co-presenter credits. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Dividend Stocks With Strong Ratings Seeking Alpha Read Now Undo Alleging delays and material breaches which triggered termination of the agreements, Ivy Entertainment has sought refund of the amount it had invested along with 18% annual interest. The petition named directors Vishwa Prasad Tumbalam Gooty and Subramanya Vivekananda Kuchibhotla and post-production vendors including Deccan Dreams Animations LLP, Prasad Xtreme Digital Cinema Network, Qube Cinema Technologies and UFO Moviez , seeking directions to them to cease any dealings with the film without Ivy Entertainment's consent. Live Events The suit before the Delhi High Court seeks the court's intervention to restrain PMF and its directors from claiming and exploiting any rights, title or interest in the film. Ivy Entertainment has argued that it intends to finish production of the movie and release it to protect its investment. According to recent updates, The Raja Saab is expected to be released in January 2026. The film, which is a horror-comedy and stars pan-India star Prabhas , has a massive budget of more than Rs 400 crore. It was expected to compete with big Hindi films such as Dhurandar and Romeo in December this year. Producers are of the view that the delay in the film's release might actually benefit the film as it would reduce competition and boost box-office collection. 'The solo release of The Raja Saab will benefit the film as it reduces the competition with Hindi films. At present, two key factors work for the film. One is the film's genre. Horror comedy genre is the flavour of the season, " said producer Rajesh R Nair, known for Hindi films such as Kaminey and Adipurush. 'Another factor which works for the film is actor Prabhas' box-office appeal. He is a pan-India star given the historical record of his films at the box office. I think the film has the potential to open big at the box office as a solo release.' Ivy Entertainment has invested more than Rs 1,500 crore in south Indian films in the past three years.
