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Mukesh Ambani’s Reliance Industries looks to acquire stake in Karan Johar’s Dharma Productions amid OTT boom: Report | Mint

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Mukesh Ambani’s Reliance Industries looks to acquire stake in Karan Johar’s Dharma Productions amid OTT boom: Report | Mint

Reliance Industries is reportedly in talks to acquire a stake in Dharma Productions, owned by Karan Johar. The deal would help Reliance strengthen its presence in the Indian entertainment industry and complement its existing assets. Dharma Productions is actively seeking strategic partnerships to address challenges posed by rising production costs and changing consumer behavior. Reliance has previously invested in entertainment companies and its growing content portfolio includes Jio Studios, Viacom18 Studios, and a minority stake in Balaji Telefilms. The potential investment in Dharma Productions could facilitate the transition of the company into a professionally managed entity.

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