Tanu Weds Manu maker opts for an out of court settlement of 80 lakh
Producer Vinod Bachchan prefers to move on than be hassled by uncertainty of the court case
It’s been a year-and-a-half since the producers of Tanu Weds Manu fought over ownership. The dispute has finally been resolved. Vinod Bachchan, who holds 51 per cent stake in the Intellectual Property Rights (IPR) of the film, has patched up with all the parties he had sued, including co-producer Shailesh Singh and distributor Sunil Bohra.Vinod has confirmed that the agreements for the music, worldwide, satellite and direct-to-home rights were earlier sold without his
knowledge. Post the truce, he has got 80 lakh in settlement but he has managed to retain the rights to make the film’s sequel in future.
Vinod and Shailesh, who produced Tanu Weds Manu with R Madhavan and Kangana Ranaut, had entrusted Sunil Bohra with the distribution rights of the film for a stipulated period of 10 years. However, Bohra not only sold the movie to a corporate house, but also the satellite, music and DTH rights, claiming he’s the producer. When Vinod learnt of the developments, he filed a complaint at Oshiwara Police Station under Section 120 (B) of the IPC.
Tanu Weds Manu
Vinod Bachchan
Shailesh Singh
No comments:
Post a Comment