Karan Johar was within the information not too long ago as he offered half of Dharma – comprising Dharma Productions and Dharmatic Leisure – to Adar Poonawalla’s Serene Productions for Rs 1,000 crore. The acquisition was introduced on October 21.
Whereas the Hindi movie trade is but to touch upon the deal, actor-comedian Jaaved Jaaferi jokingly twisted the identify of Johar’s movie Kabhi Khushi Kabhie Gham and wrote, “Subsequent movie: Kabhi Khushi Kabhi Serum”. The announcement additionally led to a backlash from a piece of the web amid hypothesis that Johar’s residence banner goes by means of a monetary disaster.
Whereas the filmmaker didn’t instantly touch upon the reactions, he shared a cryptic put up on his Instagram Tales, the place he talked about competitors. The quote learn, “Competitors occurs on the backside. The folks on the prime are collaborating.”
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(Picture: Karan Johar/Instagram)
Dharma-Adar Poonawalla deal
Poonawalla acquired 50 p.c of Dharma Productions earlier this week. With an official assertion asserting the partnership, he stated, “I’m delighted to have the chance to companion with some of the iconic manufacturing homes in our nation, together with my good friend Karan Johar. We hope to construct and develop Dharma and scale even higher heights within the years to come back.”
Johar will take care of the inventive points of the manufacturing home and likewise retain his position of Govt Chairman. “As we speak, as we be part of forces with Adar, an in depth good friend and an distinctive visionary and innovator, we’re poised to raise Dharma’s legacy to new heights. This partnership represents an ideal mix of our emotional storytelling prowess and forward-thinking enterprise methods. It’s about honoring our roots whereas embracing the way forward for international leisure. Dharma’s journey has been exceptional, and this collaboration opens up a world of prospects for creating content material that may resonate throughout borders and generations,” the filmmaker added.
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