Legal Bollywood Battle Unfolds: Cine1 Studios Files Case Against T-Series Over ‘Animal Movie’ Rights Dispute. OTT release postponed.
Cine1 Studios has initiated legal action against T-Series in the Delhi High Court, alleging non-payment of its share in the intellectual property rights of the film ‘Animal.’ The production house claims that T-Series has not fulfilled its financial obligations as per the agreed terms.
According to reports, the dispute revolves around a contract between the two production houses, wherein Cine1 Studios was entitled to a 35 per cent profit share. Additionally, Cine1 Studios contends that it is owed a 35 per cent share through intellectual property rights, as stipulated in the Acquisition Agreement.
Citing a breach in the signed Acquisition Agreement, Cine1 Studios has taken legal action and, as part of its demands, has requested that ‘Animal’ should not be released on Netflix until the matter is resolved. Senior Advocate Sandeep Sethi is representing Cine1 Studios in the case. He has been quoted saying, “They (T-Series) have been collecting all the money, but I have not been paid a single penny… I have a long relationship with them, but they do not respect the agreement. I had regard for the relationship and the sanctity of the contract; therefore, I did not rush to court.”
The legal battle underscores the complexities surrounding financial arrangements and intellectual property rights in the film industry, and the court proceedings will likely shed light on the specifics of the dispute between Cine1 Studios and T-Series.
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