Mukesh Ambani to take over KJo’s Dharma production house?

Mukesh Ambani to take over KJo’s Dharma production house?

Karan Johar is always in the news both for the good and bad. He gets embroiled in controversey for various reasons.

This time around he is in the news for a different reason. That is Reliance Industries is likely to take over his production company Dharma Productions.

This is happening due to the decline in profits of Dharma Productions in the last few years. Though the production house makes good money, the percentage of profit has dropped close to 50% as per the latest report.

Dharma Production makes a lot of money through distribution and pre-post-release business. Their latest production, Jigra featuring Alia Bhatt ended as a massive flop leaving Johar’s company in massive losses.

While all this is happening, a partnership with Reliance will help Karan Johar in expanding distribution networks and diversified revenue streams. Let’s see what happens.

News Edit KV Raman