Close source reveals what happened in Karan Johar's meeting with Mukesh Ambani

Karan Johar has been on the top of the news section these days. After his rough fall out with actor Kartik Aaryan and after the mega deal of his home banner, Dharma Productions with South industry's reputed Lyca Productions going down the drain, the filmmaker hasn't been making headlines and has become the talk of the town.

Also Read: Karan Johar in trouble? All support gone; Loses out on big deals: Source spills the beans

Now, as per reports in Bollywood Hungama, KJo has asked for help from none other than Mukesh Ambani. The filmmaker reached Ambani office to offer a collaboration with Mukesh's Jio Studios and as per the report in the entertainment portal, there seems to be some ray of hope for KJo.

A close source has been quoted by Bollywood Hungama revealing,

Also Read: Kartik- Karans fight turns uglier; Insider reveals the real reason behind the controversial fall out

If all goes well, then Jio Studios would back Dharma Productions. The development happened after Karan Johar had a meeting with Mukesh Ambani, who owns two film entities - Jio Studios and Viacom18 Motion Pictures. The meeting seems to have been fruitful. It was felt by both that more than Viacom18, Jio should come on board. Of course, it won’t be official until both the parties sign on the dotted line. The modalities are being worked out.

- Close Source

However, the source cautions,

The times that we live in, everything is unpredictable. Dharma-Lyca deal was almost confirmed but eventually, it failed to materialize. Hence, one can’t say what the end result would be with regards to the Dharma-Jio deal. Let’s wait and watch.

- Close Source

Jio Studios has slowly and steadily become a studio to reckon with. It made its entry in Bollywood with the 2018 surprise hit, the horror comedy Stree.

It was produced by Dinesh Vijan’s Maddock Films. Both Maddock and Jio then partnered on several films like Luka Chuppi (2019), Made In China (2019), Bala (2019), Love Aaj Kal (2020), Angrezi Medium (2020) and Roohi (2021).

Jio also backed Manish Mundra’s recently released acclaimed film Ramprasad Ki Tehrvi (2020) and the upcoming flick, Aadhaar. It is also making a mark in regional films and was the studio behind A R Rahman’s debut film as producer, 99 Songs, which was released in cinemas on April 16.

An industry insider too has revealed to the entertainment portal,

I hope this deal fructifies. Jio Studios has been doing great. And Karan Johar, as we all know, is a credible producer. His slate of upcoming films is also quite exciting. Definitely, it’ll be a win-win situation for both Dharma Productions as well as Jio Studios.

- Industry Insider