Karan Johar sells 50% of Dharma Productions to Adar Poonawalla for ₹1000 crore! It's a blockbuster partnership that promises an exciting future for Indian cinema!
In a move that has the Bollywood world buzzing like a beehive, Karan Johar's acclaimed Dharma Productions has just sold a staggering 50% stake to the pharmaceutical powerhouse, Adar Poonawalla, for a whopping ₹1000 crore (that's around $120 million, folks!). This strategic partnership, forged with Serene Productions, aims to revolutionize content creation and distribution, giving a fresh and exciting perspective to the Indian entertainment industry. With all this money floating around, we might as well open a cutting chai stall at the entrance of Bollywood HQ!
As the deal unfolds, it’s clear that this collaboration isn’t just about figures—it is about the future of storytelling in India. The partnership entails expanding into multilingual content while also enhancing the global presence of Indian cinema. Imagine the possibilities: a romantic comedy set in Bali, a tense thriller in Paris, or maybe a melodrama shot entirely in the snow-capped mountains of Switzerland. Who knew that a billionaire vaccine maker could become the next big name in Bollywood? You might catch Poonawalla making his acting debut as a villain next!
Karan Johar, who remains the Executive Chairman and holds the other 50% stake, looks set to lead his production house to new heights with the financial backing of Poonawalla. Having reigned over North Indian cinema with hits like ‘Kabhi Khushi Kabhie Gham’, Johar now has the budget to invest in bigger dreams, and we’re all here for it! Meanwhile, the rest of us can only look forward to those viral memes where Adar is featured in iconic Bollywood scenes pretending to share the screen with superstar leads. Talk about being an all-rounder!
As memes flood the social media landscape declaring this deal a ‘booster shot for Bollywood’, we can't help but chuckle. Not only is this a monumental win for Karan and his cinematic stories, but it also showcases how diverse the Indian film industry is becoming. Who would have thought that Karan Johar, known for his candy-floss romances, would now be working alongside a tycoon famed for his serious business in pharmaceuticals?
In unrelated news, did you know that Adar Poonawalla is also an avid fan of racing? He owns the Poonawalla Racing Team, which has participated in multiple events globally! And Karan Johar, not one to shy away from celebrity life, is also a trained classical dancer! So whether it's mixing medicine with movies or shaking a leg on stage, these two are undoubtedly about to shake things up in Bollywood's vibrant dance of storytelling!
The Koffee With Karan maker is selling 50% to its shares to Serene Productions, which is led by pharmaceutical tycoon Adar Poonawalla, for 1,000 crore ($120M).
Serene Productions invests ₹1000 crore in Dharma Productions, forming a strategic partnership to revolutionize content creation and distribution.
The partnership will focus on a large-scale expansion with producing more multilingual contents as well as taking Indian entertainment industry to a global ...
Adar Poonawalla's Serene Productions is acquiring 50% stake in Karan Johar's Dharma Productions and Dharmatic Entertainment, for ₹1000 crore.
Karan Johar will retain the remaining 50 percent stake in Dharma and will continue to remain as the company's Executive Chairman. Apoorva Mehta will remain ...
Karan Johar to retain the remaining ownership. As the executive chairman, he will also lead the company.
Serene Productions invests ₹1000 crore in Dharma Productions, reshaping Bollywood's future with innovative storytelling and global reach.
Billionaire vaccine maker Adar Poonawalla bought the stake for Rs 1000 crore. Social media users called the development 'a booster shot for Bollywood'.
The deal comes at a time when Bollywood is struggling to overcome its lean patch since the Covid-19 pandemic.
Adar Poonawalla, CEO of Serum Institute of India, has made a striking entry into the entertainment industry by acquiring a 50% stake in Karan Johar's Dharma ...
As part of the deal, Adar Poonawalla, CEO of Serum Institute and founder-chairman of Poonawalla Fincorp, announced a personal investment of ₹1,000 crore for a ...
Billionaire businessman Adar Poonawalla's Serene Productions will invest 10 billion rupees ($119 million) in Indian producer Karan Johar's Dharma ...
Yesterday was witness to the corporate avatar of Dharma Productions as healthcare tycoon Adar Poonawalla wrote Karan Johar a Rs 1000 crore cheque for a 50 ...
Founded in 1976 by Yash Johar and now run by his son Karan Johar, Dharma Productions has been a cornerstone of Hindi cinema.
Biz of making films and shows needs more such tie-ups if it is to scale up.
Adar Poonawalla's Serene Productions has signed an agreement to invest Rs. 1000 Crore in Dharma Productions and Dharmatic Entertainment.
Bollywood director producer Karan Johar is selling 50 percent stake of his production house Dharma productions to Serum Institute's owner Adar Poonawalla.
A day after selling a 50% stake in his banner Dharma Productions to Adar Poonawalla, Karan Johar arrived with the businessman at a Diwali party.