Karan Johar parts ways with Bunty Sajdeh, buys out his 45% stake in DCA talent agency
The Indian film industry is known for its ever-changing landscape, with new alliances and partnerships being formed every day. However, when a long-standing partnership comes to an end, it can send shockwaves throughout the industry. Recently, one such significant development has taken place, with Karan Johar, the renowned film director and producer, parting ways with Bunty Sajdeh, a well-known celebrity manager. The two had been partners in the Dharma Cornerstone Agency (DCA), a talent management agency that represented some of the biggest names in Bollywood.
As per the latest reports, Karan Johar and Adar Poonawalla-led Dharma Productions have acquired Cornerstone’s stake in Dharma Cornerstone Agency (DCA) and have relaunched it as Dharma Collab Artists Agency. This move marks a significant restructuring of the agency, which was previously a joint venture between Dharma Productions and Cornerstone. With this acquisition, Dharma Productions now has complete control over the agency, which will continue to represent some of the most talented individuals in the Indian entertainment industry.
Karan Johar took to Instagram to confirm the news of parting ways with Bunty Sajdeh, whose company Cornerstone had a 45% stake in DCA. While the exact reasons behind the split are not known, it is being reported that the decision was amicable, and both parties have decided to move forward with their respective plans. The acquisition of Cornerstone’s stake in DCA is a major development, especially considering that Adar Poonawalla had recently acquired a 50% stake in Dharma Productions for a whopping ₹1,000 crore.
The Dharma Cornerstone Agency (DCA) was formed in 2020, with the aim of providing a platform for new and emerging talent in the Indian entertainment industry. The agency had quickly gained a reputation for itself, representing some of the most exciting young actors, directors, and writers in the industry. With the relaunch of the agency as Dharma Collab Artists Agency, it is expected that the company will continue to nurture and promote fresh talent, while also providing a platform for established artists to collaborate and create innovative content.
The partnership between Karan Johar and Bunty Sajdeh had been a successful one, with the two having worked together on several projects over the years. However, with the acquisition of Cornerstone’s stake in DCA, it seems that Karan Johar is looking to take the agency in a new direction. The move is being seen as a strategic one, with Dharma Productions looking to expand its reach and influence in the Indian entertainment industry.
The acquisition of Cornerstone’s stake in DCA is also being seen as a significant development in the context of Adar Poonawalla’s recent investment in Dharma Productions. With a 50% stake in the production house, Poonawalla is expected to play a key role in shaping the company’s future plans and strategies. The acquisition of DCA is likely to be the first of many moves that Dharma Productions will make in the coming months, as the company looks to expand its reach and influence in the Indian entertainment industry.
In conclusion, the news of Karan Johar parting ways with Bunty Sajdeh and acquiring Cornerstone’s stake in DCA is a significant development in the Indian entertainment industry. With the relaunch of the agency as Dharma Collab Artists Agency, it is expected that the company will continue to play a key role in nurturing and promoting fresh talent, while also providing a platform for established artists to collaborate and create innovative content. As the Indian entertainment industry continues to evolve and grow, it will be interesting to see how Dharma Productions and Dharma Collab Artists Agency navigate the changing landscape and emerge as leaders in the industry.
About the Author
