Karan Johar parts ways with Bunty Sajdeh, buys out his 45% stake in DCA talent agency
The Indian film industry has witnessed a significant development in recent times, with Karan Johar, a renowned filmmaker and producer, parting ways with his long-time business partner, Bunty Sajdeh. The news has sent shockwaves throughout the industry, as the two had been collaborators for many years, with Sajdeh’s company, Cornerstone, holding a 45% stake in Dharma Cornerstone Agency (DCA), a talent management agency co-founded by Johar.
As per the latest reports, Karan Johar and Adar Poonawalla-led Dharma Productions have acquired Cornerstone’s stake in DCA, effectively buying out Sajdeh’s 45% stake in the agency. This move comes after Poonawalla acquired a 50% stake in Dharma Productions for a whopping ₹1,000 crore, marking a significant restructuring of the company.
Taking to Instagram, Karan Johar confirmed the news, stating that he has parted ways with Bunty Sajdeh, and the agency will now be relaunched as Dharma Collab Artists Agency. This development is seen as a major overhaul of the company’s operations, with Johar seeking to rebrand and reposition the agency in the competitive talent management landscape.
The partnership between Karan Johar and Bunty Sajdeh had been a long-standing one, with the two having collaborated on numerous projects over the years. However, it appears that the two have decided to go their separate ways, with Johar opting to acquire Sajdeh’s stake in the agency. The move is seen as a strategic one, with Johar seeking to consolidate his position in the industry and expand his company’s operations.
The acquisition of Cornerstone’s stake in DCA is a significant development, as it marks a major restructuring of the agency’s ownership structure. With Adar Poonawalla-led Dharma Productions now holding a majority stake in the agency, it is likely that the company will undergo significant changes in the coming months.
The news of Karan Johar parting ways with Bunty Sajdeh has sent shockwaves throughout the industry, with many wondering what led to the decision. While the exact reasons behind the split are not clear, it is evident that the two had differing visions for the agency’s future. With Johar now at the helm, it will be interesting to see how the agency evolves and grows under his leadership.
The relaunch of the agency as Dharma Collab Artists Agency marks a new chapter in the company’s history, with Johar seeking to reposition the agency as a major player in the talent management space. With a renewed focus on collaboration and innovation, the agency is likely to attract top talent from across the 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 film industry. With Johar now at the helm, it will be interesting to see how the agency evolves and grows under his leadership. The acquisition marks a major restructuring of the company’s operations, and it is likely that we will see significant changes in the coming months.
As the industry continues to evolve and grow, it is clear that Karan Johar and Dharma Productions will play a major role in shaping its future. With a renewed focus on collaboration and innovation, the company is likely to attract top talent from across the industry, and we can expect to see many exciting projects and initiatives in the coming months.
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