Ivy Entertainment drags co-producer of | Indian Movie News
Delhi-based Ivy Entertainment, a subsidiary of Ivy Holdings, has filed a petition in the Delhi High Court against Hyderabad-based People Media Factory Pvt Ltd (PMF), the co-producers of the much-awaited Pan-India movie, The Raja Saab, as per an article in The Economic Times. The company is looking for a everlasting injunction over what it claims are severe breaches of contractual obligations.
In its plea, Ivy Entertainment alleged that PMF failed to fulfil a number of vital commitments, including finishing and releasing the movie within the agreed timeline, offering month-to-month manufacturing updates, disclosing how funds had been being utilized, delivering agreed supplies associated to the movie, and suspending the theatrical release a number of instances without justification. The company claims that these breaches triggered termination clauses in the agreements, prompting it to demand a refund of Rs. 218 crores invested in the project, along with 18% annual curiosity.
Ivy entered into a Film Rights Acquisition Agreement on January 25, 2023, and a Theatrical Rights Acquisition Agreement on March 10, 2023, with PMF. Under these contracts, Ivy acquired worldwide theatrical and non-theatrical rights to the movie, secured co-presenter credit, and obtained contractual ensures for returns.
The petition also names PMF administrators Vishwa Prasad Tumbalam Gooty and Subramanya Vivekananda Kuchibhotla, as effectively as post-production distributors Deccan Dreams Animations LLP, Prasad Xtreme Digital Cinema Network, Qube Cinema Technologies, and UFO Moviez, looking for a court order restraining them from dealing with the movie without Ivy’s consent.
The Economic Times story claims that despite the dispute, Ivy Entertainment has told the court that it intends to end manufacturing and release the movie itself to safeguard its substantial investment.
The article also said that The Raja Saab has a finances of Rs. 400 crores and that it gained’t release on December 5, 2025, as scheduled. Instead, it’ll hit screens in January 2026.
Recently, The Raja Saab’s producer also hinted that the horror comedy will arrive on Sankranthi 2026. T G Vishwa Prasad said, “See, I didn’t announce this publicly. But many people are of the view that it should be released for Sankranthi. Fans want that, as do Telugu business circles. There’s a strong proposal to release it on 9 January.”
Meanwhile, Dhurandhar, starring Ranveer Singh, is also set to release on December 5. On this, the producer said, “However, the Hindi business circle wants it (The Raja Saab) to be released on December 5 because they don’t have anything strong releasing then, and Dhurandhar’s release might be moved too. We will anyway do what’s right for us. The film will be ready by October, but we will take a call.”
Also Read: The Raja Saab teaser out: Prabhas places on a charming show in this never-seen-before avatar in a spooky ‘haunted haveli’ story
Ivy Entertainment drags co-producer of | Watch Online Free
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