Kangana Ranaut, a popular Bollywood actress, has been in the news for various reasons lately, but her latest film, ‘Emergency,’ has certainly put her in the spotlight, not just for its content but also for the story behind its creation. The film, which tells the story of former Prime Minister Indira Gandhi and significant events from the 1971 war, has seen a rollercoaster journey from theaters to Netflix, alongside some interesting financial decisions made by Ranaut herself.
Selling Mumbai Bungalow Amid Financial Struggles
In a surprising move, Kangana Ranaut sold her luxurious bungalow in Mumbai for a whopping ₹32 crore. She purchased the bungalow in 2017 for ₹20.7 crore and utilized it as the office for her production house. However, the financial pressure from her directorial debut, ‘Emergency,’ made this sale necessary. Reports suggest that Ranaut had taken a loan of ₹27 crore against the property, which further pushed her to sell it as the film faced delays and financial challenges.
Emergency’s Box Office Failure
‘Emergency’ was released in theaters on January 17, 2025, but did not perform as well as expected at the box office. The film grossed approximately ₹23.75 crore worldwide, while the production budget was estimated at ₹60 crore. This shortfall has raised questions about the project’s financial planning and execution, despite the strong historical narrative it presents. Many believe that the delays in release and state-level bans due to controversies surrounding the film significantly hindered its box office performance.
OTT Rights Sold for ₹80 Crore
Even after facing tough times, there is a silver lining for Ranaut. Netflix acquired the OTT rights for ‘Emergency’ for an impressive ₹80 crore. This deal has generated a lot of excitement as many consider this a significant recovery step for her financially strained production. The film was made available to stream on March 15, 2025, earlier than initially planned, and is drawing viewers’ attention on the platform, effectively extending its reach far beyond the box office.
Oscar Buzz and Global Reactions
Interestingly, there’s been a buzz around the possibility of ‘Emergency’ being considered for the Oscars. Ranaut has responded to this speculation with a mix of humor and seriousness, stating that America could keep its awards, hinting that the true value lies in Indian recognition, such as the National Awards. Her film aims to shine a light on India’s historical events, and she hopes it resonates with many viewers and critics alike, stirring conversations about India’s past and cultural identity.
Table of Important Events
| Event | Date |
|---|---|
| Theatrical Release of ‘Emergency’ | January 17, 2025 |
| Initial Planned Release Date of ‘Emergency’ | September 6, 2024 |
| Netflix OTT Release of ‘Emergency’ | March 15, 2025 |
With such significant developments in Kangana Ranaut’s career and the ongoing discussions about ‘Emergency,’ it’s clear that she is a figure who evokes strong opinions, whether for her films or personal choices. The story of ‘Emergency’ is a compelling mix of historical narrative and real-life challenges, and it’s an exciting time for both the cast and viewers alike as they delve deeper into the world of Indian cinema.
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