Some time again Bollywood Hungama had reported that Karan Johar was seeking to get into partnership with a South based mostly manufacturing home Lyca Productions to boost his filmmaking and distribution means. However, regardless of talks between the 2 going nicely, the deal didn’t materialize. Now, we hear that one other mega manufacturing home, particularly Viacom 18, has determined to enter into partnership with Dharma Productions. In reality, as per updates from our nicely-positioned supply, Viacom has acquired the entire forthcoming slate of Dharma Productions.
“In what could well be called as one of the biggest acquisition of recent times, Viacom 18 has acquired the distribution rights of Dharma Productions’ entire slate of films”, confirms our supply. Ask him for particulars on the identical and he continues, “This deal came about after the deal between Dharma and Lyca Productions fell through. Karan was still on the lookout for a mega production house with good reach to partner with, and Viacom was exactly that.”
Interestingly, Dharma Productions earlier had a partnership with Fox Star Studios, however after its merger with Disney, their affiliation got here to an finish with Brahmastra being their final movie collectively. Following Fox, Karan had initiated talks with Lyca Productions however issues didn’t work out. “Post the deal with Lyca turning sour, Viacom quite literally came in at the right time. In fact, some in the trade circles are stating that Viacom rescued Dharma Productions at just the right time.”
Also Read: Karan Johar’s subsequent with Ranveer Singh and Alia Bhatt titled Prem Kahani; prep work begins
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