Karan Johar and his Dharma Productions is one of the most successful production houses of Bollywood. Karan Johar produced several successful projects over these years. Top music label Saregama is now in talks to acquire the majority stake in Dharma Productions. The deal is currently in discussion stages as per the speculation from the circles of Bollywood. There has been a drastic change in the filmmaking and production. There is a sudden decline in the theatrical revenue in Hindi cinema and there is no stable business for the digital deals. The satellite players are quite selective. Hence, Karan Johar has been on a hunt for investors to join Dharma Productions.

Saregama recently acquired the majority stake in Pocket Aces Pictures, a digital entertainment company. Karan Johar has some of the biggest projects lined up and he is waiting for the investors to join Dharma Productions before he kick-starts the shoots of these projects. Dharma Productions too hasn’t seen huge profits post Covid-19 pandemic. Also, it is quite tough for any production house to produce multiple films at the same time considering the crisis in the market. The financiers too are not lending much except for crazy films. Big players like T Series are focused on South Indian films or the films of pan-Indian stars like Prabhas. A clarity on the deal of Dharma Productions and Saregama will be made official soon if the deal is signed.