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, with Karan Johar and Adar Poonawalla-led Dharma Productions acquiring Cornerstone’s stake in Dharma Cornerstone Agency (DCA) and relaunching it as Dharma Collab Artists Agency. This move marks a major restructuring effort after Poonawalla acquired a 50% stake in Dharma for ₹1,000 crore. As part of this development, Karan Johar has confirmed parting ways with celebrity manager Bunty Sajdeh, whose Cornerstone had a 45% stake in DCA.
The news of Karan Johar and Bunty Sajdeh ending their partnership at Dharma Cornerstone Agency has sent shockwaves throughout the industry. The two had joined forces to launch DCA, a talent management agency that aimed to provide a platform for new and emerging artists to showcase their talents. However, it appears that their partnership has come to an end, with Karan Johar deciding to buy out Bunty Sajdeh’s 45% stake in the agency.
Taking to Instagram, Karan Johar confirmed the news, stating that he has decided to part ways with Bunty Sajdeh and Cornerstone. He expressed his gratitude to Bunty and Cornerstone for their contributions to DCA and wished them all the best for their future endeavors. Karan also announced the relaunch of DCA as Dharma Collab Artists Agency, which will continue to provide a platform for talented artists to grow and succeed in the industry.
The acquisition of Cornerstone’s stake in DCA by Dharma Productions marks a significant milestone in the company’s history. With Adar Poonawalla’s investment of ₹1,000 crore, Dharma Productions has undergone a major restructuring effort, aimed at expanding its operations and increasing its presence in the industry. The acquisition of DCA is a strategic move, as it will enable Dharma Productions to have greater control over the agency and its operations.
Bunty Sajdeh’s Cornerstone had been a significant partner in DCA, with a 45% stake in the agency. The company had brought its expertise in talent management to the table, helping to establish DCA as a major player in the industry. However, it appears that Karan Johar has decided to take the agency in a new direction, one that aligns with his vision for Dharma Productions.
The relaunch of DCA as Dharma Collab Artists Agency is expected to have a significant impact on the industry. The agency will continue to provide a platform for talented artists to grow and succeed, but it will now be under the sole ownership of Dharma Productions. This move is expected to give Karan Johar greater control over the agency and its operations, enabling him to make strategic decisions that align with his vision for the company.
The news of Karan Johar and Bunty Sajdeh parting ways has sparked a lot of interest and speculation in the industry. Many are wondering what led to the decision to end their partnership, and what the future holds for Dharma Collab Artists Agency. However, one thing is certain – the acquisition of Cornerstone’s stake in DCA by Dharma Productions marks a significant development in the industry, one that is expected to have far-reaching consequences.
As the Indian film industry continues to evolve and grow, it is likely that we will see more partnerships and collaborations between different companies and individuals. The acquisition of DCA by Dharma Productions is a testament to the fact that the industry is becoming increasingly competitive, with companies looking to expand their operations and increase their presence in the market.
In conclusion, the news of Karan Johar and Bunty Sajdeh parting ways is a significant development in the Indian film industry. The acquisition of Cornerstone’s stake in DCA by Dharma Productions marks a major restructuring effort, one that is expected to have far-reaching consequences. As the industry continues to evolve and grow, it will be interesting to see how Dharma Collab Artists Agency performs under its new ownership.
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