Karan Johar parts ways with Bunty Sajdeh, buys out his 45% stake in DCA talent agency
The Indian entertainment industry has witnessed a significant development, as Karan Johar, a renowned film director and producer, has announced his decision to part ways with celebrity manager Bunty Sajdeh. This move marks the end of their partnership in Dharma Cornerstone Agency (DCA), a talent management agency that was jointly owned by Johar’s Dharma Productions and Sajdeh’s Cornerstone.
As per the latest reports, Karan Johar and Adar Poonawalla-led Dharma Productions have acquired Cornerstone’s stake in DCA, which amounts to 45% of the agency. Following this acquisition, DCA has been relaunched as Dharma Collab Artists Agency. This major restructuring move comes after Adar Poonawalla, the CEO of Serum Institute of India, acquired a 50% stake in Dharma Productions for a whopping ₹1,000 crore.
Karan Johar took to Instagram to confirm the news, putting an end to speculation about the future of DCA. The director-producer expressed his gratitude towards Bunty Sajdeh and Cornerstone for their collaboration, which lasted for several years. Johar also welcomed the new chapter in Dharma Productions’ journey, stating that the company is excited to explore new opportunities and ventures.
The decision to part ways with Bunty Sajdeh and Cornerstone is seen as a strategic move by Karan Johar and Dharma Productions. With the acquisition of Cornerstone’s stake, Dharma Productions now has complete control over the talent management agency, allowing the company to make decisions and operate independently. This move is also expected to pave the way for new collaborations and partnerships, which will further strengthen Dharma Productions’ position in the entertainment industry.
The news of Karan Johar and Bunty Sajdeh’s partnership coming to an end has sent shockwaves in the industry, with many speculating about the reasons behind this decision. However, sources close to the development have revealed that the split was amicable, and both parties have decided to move forward in their respective journeys.
Bunty Sajdeh’s Cornerstone has been a prominent player in the talent management space, with a roster of top celebrities, including Ranveer Singh, Deepika Padukone, and Arjun Kapoor. The company’s partnership with Dharma Productions had created a powerhouse in the industry, with DCA representing some of the biggest names in Bollywood.
The relaunch of DCA as Dharma Collab Artists Agency marks a new beginning for Karan Johar and his team. The agency is expected to continue representing top talent in the industry, while also exploring new opportunities in the digital and entertainment spaces. With Adar Poonawalla’s backing, Dharma Productions is poised to become an even more significant player in the industry, with a focus on creating innovative content and promoting new talent.
In conclusion, the news of Karan Johar and Bunty Sajdeh parting ways has created a buzz in the entertainment industry. While the reasons behind this decision are not entirely clear, it is evident that both parties have decided to move forward in their respective journeys. With the acquisition of Cornerstone’s stake in DCA, Dharma Productions has gained complete control over the talent management agency, paving the way for new collaborations and partnerships. As the industry continues to evolve, it will be interesting to see how Karan Johar and his team navigate this new chapter in their journey.
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