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Bollywood Hungama recently reported that Content Films Productions Pvt Ltd published a notice in Atul Mohan’s Complete Cinema magazine stating that they hold 50% rights, including Intellectual Property Rights, over the upcoming film Jatadhara, as per an MoU signed by them with Prerna Arora and Shivin Narang’s Ess Kay Gee Entertainment. The notice then stated that since Ess Kay Gee Entertainment violated the terms of the MOU, Content Films Productions Pvt Ltd will take legal action against them.
Jatadhara row: Director Venkat Kalyan slams Content Films ‘fraudulent claims’, announces legal action
Now, Jatadhara’s writer and director Venkat Kalyan has reached out to us to give their version of the story. His statement reads, “I, Venkat Kalyan, Director and Writer of the film Jatadhara, categorically state that the claims made by Content Films Productions (Mr. Rajeev Agarwal and Mr. Arvind Agarwal) regarding their alleged 50% ownership of the film’s Intellectual Property (IP) are false, baseless, and misleading.
As per the Memorandum of Understanding (MoU), the 50% IP ownership was contingent upon an investment of Rs. 10 crores in the film. However, Content Films Productions has contributed only Rs. 60 lakhs towards a film with a total budget of Rs. 20 crores. Despite their failure to meet financial commitments, they continue to make fraudulent claims, which constitutes a breach of contract, intentional harassment, and defamation.
Furthermore, Content Films Productions has defaulted on their obligations related to line production within the agreed timeline, mismanaged accounts and misbehaved with our team, leading to a professional fallout.
We strongly advise all industry professionals, including actors, directors, studios, distributors, exhibitors, OTT platforms, satellite channels, and agencies, to disregard the misleading claims made in their public notice.
We are initiating legal action for defamation and damages against Mr. Rajeev Agarwal and Mr. Arvind Agarwal in the Honorable Bombay High Court.”
Feud reaches IMPPA
Meanwhile, Indian Motion Picture Producers’ Association (IMPPA) sent out a notice to Arvind Agarwal and Rajeev Agarwal of Content Films Productions Pvt Ltd on March 11. The association is all set to hear the matter in the presence of the two parties. The notice said that “Since the matter is already scheduled for a hearing before the Arbitration Tribunal on March 16, 2025 at IMPPA, you are requested to refrain from taking any actions that may complicate or further precipitate the matter”.
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