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Buyers Planning To Boycott Puri's Films?
By: Tupaki Desk | 28 Oct 2022 5:50 AM GMT
The rift between the Puri Jagannadh and buyers of 'Liger' is getting bigger with each passing day. The distributors and exhibitors deciding to express their displeasure over Puri Jagannadh not giving back the agreed money publicly and financiers also joining them has gotten a lot of attention. Knowing this, Puri gave them a strong warning through phone and that audio clip getting leaked has become the talk of the industry right now.
In the audio clip, Puri said, "Are you blackmailing me? There is no need for me to return the money. But I am still doing it. Because they (distributors) too had faced losses. Already had discussions with the buyers and we had agreed upon an amount. I have told them I will make the payment within a month. Even after this, some overaction to the matter makes me second guess my decision on the refund. Why I'm returning the money? It is for the honour. But if you try to destroy my honour, I won't give you a single penny. Here we are all gambling. Some films work, some don't work. From Pokiri to Ismart Shankar, there is a lot of money which buyers owe me. Will the buyers association collect that amount for me? You say you will protest. Do it. Will make a list of who participate in the protest and only give payment to those who didn't take part in it."
On top of that, Puri even complained to the police that he has a threat to his life from financier Sobhan Babu and distributor Warangal Seen. The other side claim that Puri has crossed a line this time. They say that 'Liger' did not even get one-third of their investment and Puri who promised to compensate for some losses has not done that at all. They state that going to the police and reacting in an aggressive manner by Puri Jagannadh are his attempts to evade the money he needs to pay for them.
Sobhan said that he has a lot of bounced cheques given by producers and they can file a case if they want. The financiers' group is quite angry with Puri and they reportedly decided not to fund any of his movies from now on. Sources say that even the buyers are willing to boycott the 'Pokiri' director's movies.
In the audio clip, Puri said, "Are you blackmailing me? There is no need for me to return the money. But I am still doing it. Because they (distributors) too had faced losses. Already had discussions with the buyers and we had agreed upon an amount. I have told them I will make the payment within a month. Even after this, some overaction to the matter makes me second guess my decision on the refund. Why I'm returning the money? It is for the honour. But if you try to destroy my honour, I won't give you a single penny. Here we are all gambling. Some films work, some don't work. From Pokiri to Ismart Shankar, there is a lot of money which buyers owe me. Will the buyers association collect that amount for me? You say you will protest. Do it. Will make a list of who participate in the protest and only give payment to those who didn't take part in it."
On top of that, Puri even complained to the police that he has a threat to his life from financier Sobhan Babu and distributor Warangal Seen. The other side claim that Puri has crossed a line this time. They say that 'Liger' did not even get one-third of their investment and Puri who promised to compensate for some losses has not done that at all. They state that going to the police and reacting in an aggressive manner by Puri Jagannadh are his attempts to evade the money he needs to pay for them.
Sobhan said that he has a lot of bounced cheques given by producers and they can file a case if they want. The financiers' group is quite angry with Puri and they reportedly decided not to fund any of his movies from now on. Sources say that even the buyers are willing to boycott the 'Pokiri' director's movies.
