Karan Johar Sells 50% Stake in Dharma Productions to Adar Poonawalla for ₹1,000 Crore

by | Oct 22, 2024 | Entertainment

Karan Johar, one of Bollywood’s most prominent filmmakers, has sold a 50% stake in his production house, Dharma Productions, to Adar Poonawalla, the CEO of Serum Institute of India, for ₹1,000 crore. This deal marks a significant shift in the Indian entertainment landscape, underscoring the rising value of premium film production houses amid growing competition.

A Strategic Partnership

Dharma Productions, known for producing blockbuster hits like Kabhi Khushi Kabhie Gham and Rocky Aur Rani Ki Prem Kahani, is expected to benefit from Poonawalla’s financial backing and business acumen. The collaboration aims to expand the production house’s operations into new entertainment formats, including digital and streaming services.

What This Means for Bollywood

With increased investments in the entertainment sector, the partnership signals a push toward larger-scale, more ambitious projects. The deal also suggests growing convergence between sectors like pharmaceuticals and entertainment, as influential business leaders diversify their portfolios into media and culture.

Karan Johar will continue to spearhead the creative aspects of the production house, while Poonawalla’s involvement will likely focus on expanding Dharma’s business footprint.

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