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EXPLOSIVE: Vashu Bhagnani claims, “I suffered Rs. 27 cr loss on Coolie No 1; Varun Dhawan never bothered to ask about it…paid David ji Rs. 70 cr…he was to make Biwi No 1 part 2 with me”

en Bollywood News EXPLOSIVE: Vashu Bhagnani claims, “I suffered Rs. 27 cr loss on Coolie No 1; Varun Dhawan never bothered to ask about it…paid David ji Rs. 70 cr…he was to make Biwi No 1 part 2 with me”

Producer Vashu Bhagnani held a virtual press conference from Dubai with selected members of the media on May 22 and shed light on his ongoing legal dispute with Ramesh Taurani of Tips over the film Hai Jawani Toh Ishq Hona Hai. The Varun Dhawan-starrer is directed by David Dhawan.

EXPLOSIVE: Vashu Bhagnani claims, “I suffered Rs. 27 cr loss on Coolie No 1; Varun Dhawan never bothered to ask about it…paid David ji Rs. 70 cr…he was to make Biwi No 1 part 2 with me”

Vashu Bhagnani said, “I told David ji that I want to make Biwi No 1. We suffered a loss of around Rs. 27 crores in Coolie No 1 (2020). I was just a namesake producer. It was David ji who 100% handled the production and expenses. I paid David ji big money to make that film; almost Rs. 70 crores, which was not even his worth. It was the time of COVID and David ji told me, ‘Aapka jo bhi nuksaan hua hai, we’ll take care of in future. Let’s start Biwi No 1’. Accordingly, we worked on Biwi No 1 for six months. One day, Rohit Dhawan told me that the script is not ready. Since its creative work, I decided not to hurry. Aaram se picture banate hai.”

Vashu continued, “3 months later, I learned that Ramesh Taurani and David Dhawan had joined hands to make a film. I felt a little bad, but then I realized that I can’t stop them. One year later, I saw ‘Chunari Chunari’ was a part of that film. I called David Dhawan and asked them, ‘How can you do this?’.”

Vashu then said, “We sold the audio rights of Biwi No 1 (1999) to Tips at the time of release. Wog log badmaashi karke video chala rahe the. They were not even ready to meet us over this issue. We shared a letter in the court, due to which the court granted us status quo. How can David Dhawan use the same songs from our film in his son’s movie, that too for a Ramesh Taurani production? There should be some ethics in the industry. Agreed that Ramesh Taurani paid you money, but you can’t recreate the same song from my production. At least, he should have called and told me, ‘Vashu ji, main same gaana mere bete ke liye kar raha hoon. I hope you don’t have an objection. Please support’. I would have given the NOC and would not have minded also.”

At another point, he again touched upon the Coolie No 1 losses, “I suffered a loss of Rs. 27 crores in Coolie No 1. Varun never even bothered to check ki uncle ka nuksaan hua hai; kaun poora karega?”

Also Read: Jio Studios head Jyoti Deshpande breaks silence on Dhurandhar backlash: “We made a film against terrorism, not against any community”

More Pages: Coolie No.1 Box Office Collection , Coolie No.1 Movie Review


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