SCOOP: Lyca Productions’ deal with Karan Johar’s Dharma Productions called off? : Bollywood News
In October 2020, Bollywood Hungama had solely reported that Lyca Productions, one of many largest productions down South, was all set to enter Bollywood to supply Hindi language movies. In December 2020, we additionally broke the information that Dharma Productions, owned by Karan Johar, is all set to collaborate with Lyca. Karan had a fairly secure affiliation with Fox Star Studios and each collaborated on a number of tasks. However after Fox group was taken over by Walt Disney, the latter determined to cease greenlighting new movies in India. Karan was on the lookout for a studio companion and that’s when he started talks with crew Lyca. Each had collaborated previously with Rajnikanth-Akshay Kumar starrer 2.0 (2018). Directed by Shankar, this sci-fi biggie was introduced within the Hindi market by Dharma Productions.
And now the most recent buzz is that sadly, the deal has fallen by means of. A supply says, “Lyca Productions has backed out of the cope with Dharma Productions. Nobody precisely is aware of the explanation behind it as solely the highest honchos have been concerned in all of the discussions. However the deal isn’t occurring.”
Bollywood Hungama had additionally reported in January 2021 that Karan Johar was in talks with Gautam Adani’s Adani Group to promote 30% stake of Dharma Productions. However after superior talks, there have been no phrase on the end result of the negotiations. “The talks did occur however there was no replace on it,” stated the supply.
An trade insider says, “Karan Johar at the least has Fox-Disney’s backing for Brahmastra, which might be their final movie in Bollywood. However for Karan’s upcoming movies like Shershaah, Dostana 2, Jug Jugg Jeeyo, Liger, Shakun Batra’s subsequent and Shashank Khaitan’s subsequent, he’ll require the assist of some studio. It stays to be seen who comes on board.”
Nevertheless, it’s not a disaster state of affairs at Dharma in any respect. The insider reveals, “Karan Johar is without doubt one of the most profitable filmmakers at current. Most of his movies work large time. I’m certain he’ll quickly get a companion and that’ll ease his woes to a terrific extent.”
We reached out to Aashish Singh of Lyca Productions however he was unavailable for remark.
Additionally Learn: Star Vs Meals: From chopping onions to not capable of finding turmeric, Karan Johar brings chaos, panic and unsavoury jokes to the kitchen
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