In October 2020, Bollywood Hungama Had specifically reported that Laika Productions, one of the largest productions in the South, was all set to enter Bollywood to produce Hindi-language films. In December 2020, we also broke the news that Dharma Productions, owned by Karan Johar, is all set to collaborate with Lyca. Karan had a great relationship with Fox Star Studios and the two collaborated on several projects. But the Fox group was later taken over by Walt Disney, later it was decided to stop greening new films in India. Karan was looking for a studio partner and then he started a conversation with Team Laika. The duo collaborated with Rajinikanth-Akshay Kumar starrer in the past 2.0 (2018). Directed by Shankar, this sci-fi biggie was presented in the Hindi market by Dharma Productions.
And now the latest buzz is that the deal, sadly, has fallen through. A source says, “Lyca Productions has pulled out of the agreement with Dharma Productions. No one knows the reason behind this because in all the discussions only the top Hon. But the deal is not happening. “
Bollywood Hungama In January 2021 it was also reported that Karan Johar was in talks with the Gautam Adani group to sell a 30% stake in Dharma Productions. But after the advanced talks, no word has come on the outcome of the talks. The source said, “There was talk but no update has come on it.”
An industry insider says, “Karan Johar has at least the support of Fox-Disney Brahmastra, Which will be his last film in Bollywood. But for Karan’s upcoming films like Shershaah, Dostana 2, Jug Jugg Jeeyo, Liger, Shakun Batra’s next and Shashank Khaitan’s next, he will need the support of some studios. It remains to be seen who gets on board. “
However, this is not at all a crisis on religion. The insider reveals, “Karan Johar is currently one of the most successful filmmakers. Most of his films work big time. I am sure he will find a partner soon and that will alleviate his distress to a great extent. “
We reached out to Ashish Singh of Laika Productions, but he was not available for comment.
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