Karan Johar’s cryptic response to Poonawalla’s stake in Dharma productions
- The investment aims to create compelling content for a global audience.
- Karan Johar will serve as the Executive Chairman, driving the company’s creative vision forward.
- Karan Johar expressed enthusiasm for the collaboration, citing his father’s vision of making films with a lasting impact.
Nearly a week ago, Adar Poonawalla’s Serene Productions officially announced a binding agreement to invest Rs 1000 crore in Karan Johar’s Dharma Productions and Dharmatic Entertainment. This development sparked strong reactions from netizens, and amid all the chatter, the filmmaker shared a cryptic note on his Instagram account.
Today, October 27, Karan Johar shared a cryptic note on his Instagram stories that read, “Competition happens at the bottom. The people at the top are collaborating.”
Take a look:
This comes as Adar Poonawalla’s Serene Productions announced its acquisition of a 50% stake in Karan Johar’s Dharma Productions and Dharmatic Entertainment. The announcement elicited a strong reaction from internet users.
For those who may not know, nearly a week ago, the collaboration was officially announced. This strategic move aims to create compelling content for a global audience. The substantial investment gives Serene Productions a 50% stake in Dharma, while Karan Johar retains the other half of the ownership. The filmmaker will serve as the Executive Chairman, driving the company’s creative vision forward.
Meanwhile, Apoorva Mehta will serve as Chief Executive Officer, working closely with Karan to shape the strategic direction and ensure operational excellence within the organization.
In an official statement, Karan Johar expressed his enthusiasm for the exciting collaboration, emphasizing that Dharma Productions has always focused on meaningful storytelling that embodies Indian culture.
He noted his father’s vision of making films with a lasting impact, stating, “My father dreamed of creating films that would leave a lasting impact, and I’ve dedicated my career to expanding that vision. 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.”
On the work front, Karan Johar last directed “Rocky Aur Rani Kii Prem Kahaani”. He is currently enjoying the release of “Fabulous Lives Of Bollywood Wives Season 3” on Netflix, produced under Dharmatic Entertainment. Additionally, he has an exciting lineup of films under his banner, including “Sunny Sanskari Ki Tulsi Kumari” and “Dhadak 2”, among others.
