Karan Johar breaks silence in FIRST interview after selling stakes to Adar Poonawalla; reveals plans to rename Dharma Productions with THESE 2 names

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As a die-hard fan of Karan Johar and his illustrious career, this latest development has me buzzing with excitement! The partnership between Dharma Productions and Adar Poonawalla feels like a match made in Bollywood heaven. With Karan’s unparalleled storytelling prowess and Adar’s sharp business acumen, I can’t wait to see the magical movies they’ll churn out together!

Karan Johar has just given 50% ownership of Dharma Productions to Adar Poonawalla, CEO of the Serum Institute, for an investment worth a whopping Rs 1000 crore. After this transaction, Karan playfully suggested renaming the company ‘Kabhi Khushi Kabhie Serum’ or ‘Pharma Productions’, infusing humor into this significant corporate shift.

At the CNBC-TV18 Global Leadership Summit, filmmaker Karan Johar spoke about possibly selling shares in his production house, Dharma Productions, to Adar Poonawalla, CEO of the Serum Institute. He playfully suggested that they might rename the company to ‘Pharma Productions’ or ‘Kabhi Khushi Kabhie Serum,’ referencing a popular Bollywood movie title and the Serum Institute.

Karan contemplated on the acquisition made by his longtime friend, Adar Poonawalla, stating that it was an exceptional choice for both of them. He underscored how their collaboration united two individuals with similar mindsets, with Adar providing shrewd business acumen and enabling Karan to preserve his creative perspective.

The filmmaker openly stated that teaming up with Adar Poonawalla was a straightforward choice for them. He clarified that himself and Apurva (CEO of Dharma Productions) strongly believed that Adar was the perfect ally to propel Dharma Productions towards greater success.

Karan Johar reminisced about Dharma Productions’ journey, acknowledging that during its first 15 years, it primarily consisted of his directed films, carefully selected by his father. He pointed out that in order to stimulate growth, they recognized the necessity of investing and emphasized the significance of boosting their own earnings. This insight led to the strategic decision to sell a portion of ownership and establish a collaboration with an outside partner.

Previously, after the news broke of a filmmaker selling a share in Dharma Productions to Adar Poonawalla, actor Jaaved Jaaferi playfully responded on platform X (previously known as Twitter). Sharing the news, Jaaved made a jest by referring to Karan’s ‘next movie’, and cleverly nicknamed it “Kabhi Khushi Kabhie Serum.

Earlier, Karan expressed his enthusiasm about the collaboration with Adar Poonawalla, highlighting how Dharma Productions consistently delves into compelling narratives that encapsulate Indian culture. He reminisced about his father’s aspirations of crafting films with a lasting impression, a legacy he continues to uphold in his professional journey.

Through Adar’s unique methodology, Karan views this alliance as an ideal fusion of compelling narrative expression and shrewd business sense, setting Dharma on a path towards a worldwide presence. This collaboration is expected to yield novel prospects, generating content that strikes a chord with various cultures and age groups globally.

Established in 1976 by Yash Johar and now led by his son Karan Johar following Yash’s death in 2004, Dharma Productions holds a significant position in Indian cinema. Boasting more than four decades of exceptional storytelling, this studio has produced many classic films that remain popular worldwide.

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2024-11-15 12:23