Suneel Darshan on Vashu Bhagnani’s financial crisis, “Success eluded him in movies through the past two decades” : Bollywood News

Bollywood Hungama exclusively reported the news about veteran film producer Vashu Bhagnani of Pooja Entertainment selling off his office building and shifting his work premises in a 2BHK flat following a series of flops, including his last film Bade Miyan Chote Miyan. Following up on that, veteran filmmaker and producer Suneel Darshan spoke about Bhagnani’s sorry financial situation and shared his views on the state of the film industry.

Suneel Darshan on Vashu Bhagnani’s financial crisis, “Success eluded him in movies through the past two decades”

Vashu Bhaghani had a tremendous time in the 1990s. So, what happened thereafter?

The David-Vashu collaboration somewhere lost its sheen thereafter. Vashuji was a highly resourceful entrepreneur. He produced several films in the second phase, but success eluded him in movies through the past two decades even as he met with success in his construction business.

Mr Bhagnani, in recent years, also branched into business other than film production

Yes, his migration to the UK in the past few years and availing of the handsome tax-breaks lured him into wooing the two supposedly disciplined stars Akshay Kumar and Tiger Shroff for his half a dozen movies which seems to have misfired miserably.

Do you think the life-squeezing star system is bringing the industry down?

Unfortunately, the realization that stars don’t make a movie but vice-versa is now dawning upon the corporates who have disrupted the nature of the movie-making business while the stars have made stacks of wealth at the cost of the rest of the film industry.

What’s the solution?

Now as we enter the correction phase, it’s time to watch their new strategy which hopefully should put the movie industry onto the right track provided that the actions initiated are in the interests of the film industry at large rather than with a myopic view.

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