Some time again Bollywood Hungama had reported that Karan Johar was trying to get into partnership with a South based mostly manufacturing home Lyca Productions to boost his filmmaking and distribution capacity. Nevertheless, regardless of talks between the 2 going properly, the deal did not 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 well-placed supply, Viacom has acquired your complete forthcoming slate of Dharma Productions.
“In what may properly be known as as one of many greatest acquisition of latest occasions, Viacom 18 has acquired the distribution rights of Dharma Productions’ complete slate of movies”, confirms our supply. Ask him for particulars on the identical and he continues, “This deal happened after the deal between Dharma and Lyca Productions fell by way of. Karan was nonetheless looking out for a mega manufacturing home with good attain to associate with, and Viacom was precisely that.”
Curiously, 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. “Submit the cope with Lyca turning bitter, Viacom fairly actually got here in on the proper time. In reality, some within the commerce circles are stating that Viacom rescued Dharma Productions at simply the best time.”
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