Bollywood

Saregama to Acquire Dharma for 600 Crore!

It is not easy to keep a production house running successfully these days, even for the proven ones. We can see Allu Aravind’s Geetha Arts and Suresh Babu’s Suresh Productions taking a back seat and watching others play the game.

The latest buzz in Bollywood media circles is that Karan Johar’s Dharma Productions may give away a significant stake to the oldest music company, Saregama.

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According to unofficial sources, Saregama has valued Dharma at 600 crores, but it is unclear how much stake they will acquire for this price.

The reason given is that the music label is expanding into a wider variety of fields. Even though Dharma is not doing great as a production house, it is a huge brand with several divisions under its umbrella.

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Saumya

Saumya is a passionate Telugu movie addict and an avid binge watcher of OTT platforms, covering Travel, Bollywood, Tamil, Kannada, Malayalam, and international cinema. With a decade of experience at M9 News, Saumya br…

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