- Joined
- 22 Feb 2020
- Messages
- 4,576
- Reaction score
- 16,660
“Karan Johar has been looking to monetise his stake in Dharma for some time, but past deals have fallen through due to disagreements over valuation,” said a person familiar with previous negotiations, requesting anonymity.
“In the past, RIL acquired a minority stake in Balaji. A similar arrangement could be made with Dharma,” said a second person. A potential stake purchase would boost Reliance’s content production portfolio, which currently includes Jio Studios, Viacom18 Studios, Colosceum Media and a minority stake in Balaji.
A media analyst noted that many film production houses are weighing fundraising plans to overcome financial stress since the pandemic. “One reason Dharma Productions could be exploring a stake sale is that a personality-driven organisation eventually seeks to ensure its future by transitioning to professional management,” the analyst said.
“In the past, RIL acquired a minority stake in Balaji. A similar arrangement could be made with Dharma,” said a second person. A potential stake purchase would boost Reliance’s content production portfolio, which currently includes Jio Studios, Viacom18 Studios, Colosceum Media and a minority stake in Balaji.
A media analyst noted that many film production houses are weighing fundraising plans to overcome financial stress since the pandemic. “One reason Dharma Productions could be exploring a stake sale is that a personality-driven organisation eventually seeks to ensure its future by transitioning to professional management,” the analyst said.
Reliance Industries in talks to acquire stake in Karan Johar’s Dharma Productions
Reliance Industries is negotiating to acquire a stake in Karan Johar's Dharma Productions. This deal could enhance Reliances foothold in Indias content production industry. Dharma Productions is exploring strategic partnerships due to rising production costs and shifting consumer preferences...
economictimes.indiatimes.com