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Karan Johar’s Dharma Productions Sells 50% Stake To Pharmaceutical Magnate Adar Poonawalla
Karan Johar's 'Koffee with Karan' make Dharma Productions is selling a 50% stake to Adar Poonawalla's Serene Productions for around $120M.
Dharma Productions’ recent films include Kill, Bad Newz, Rocky Aur Rani Ki Prem Kahani and Brahmāstra: Part One – Shiva, while digital-focused Dharmatic Entertainment is known for streaming shows such as The Fabulous Lives of Bollywood Wives, Call Me Bae, The Tribe, Show Time, and Love Storiyaan, and has deals in place with Netflix and Prime Video. The partnership will “transform content creation, distribution, and audience engagement by integrating advanced technologies and pioneering production methods,” the added. Today, as we join forces with Adar, a close friend and an exceptional visionary and innovator, we’re poised to elevate Dharma’s legacy to new heights.
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