00:00Mukesh Ambani's business is spread all over the world from oil to sports.
00:10But now the news is coming that he is also going to enter Bollywood.
00:14Actually, there are news of buying stakes in Mukesh Ambani's current Johar Dharma Productions.
00:19And if this happens, then the hold on the Indian content production industry of Reliance Group will be strengthened.
00:25How much share this deal can be for?
00:27So far, no information has come out.
00:30But let's know what is Mukesh Ambani's plan to enter the Indian content production industry.
00:36First of all, let's know what is the whole news.
00:38So according to the report of Economic Times,
00:40Mukesh Ambani's plan to gain fame in the business from oil to sports is now to spread to the film industry.
00:46According to the report, there is talk of buying stakes in Mukesh Ambani's RIL and Karan Johar's Dharma Productions.
00:54And if this happens, then Mukesh Ambani's hold on the entertainment industry will be strengthened.
01:00This deal will give more strength to the assets of Mukesh Ambani's Jio Studio and Viacom 18 Studio.
01:07According to the reports, Karan Johar has been planning to sell his share in Dharma for a long time.
01:12But due to disagreement on valuation, the matter has not been made so far.
01:17In Dharma Productions, Karan Johar has a share of 90.7%.
01:21And the remaining 9.74% share is of his mother, Hoori.
01:26Mukesh Ambani can buy stakes in Karan Johar's share.
01:30Recently, RIL has gained some share in Balaji.
01:33And similar plans can be executed with Dharma.
01:38Jio Studios, which is now India's largest film studio,
01:41earned Rs. 700 crores in the box office collection in FY24.
01:46With Madok Films, it has become one of the most profitable Hindi films to date.
01:53No official answer has yet come from both sides on the deal between RIL and Dharma Productions.
01:58Some experts say that many film production houses are struggling with financial stress after the pandemic.
02:05And are also working on plans to raise money.
02:08Earlier, it was said that Saregama's parent group, R.P. Sanjeev Goenka Group,
02:14is in talks with Dharma Productions to sell stakes.
02:18But on October 8, 2024, Saregama told BSE in a regulatory filing
02:23that the company always analyzes different strategic opportunities for business growth and expansion.
02:29However, there is no such information at the moment,
02:32which is necessary to be summarized under SEBI's disclosure regulation.
02:36In FY22-23, Dharma Productions' revenue was Rs. 1,040 crores,
02:42which was Rs. 276 crores in FY21-22.
02:47However, the profit fell by 59%, which was Rs. 11 crores.
02:52In FY23, the company earned Rs. 656 crores from distribution rights,
02:57Rs. 140 crores from digital, Rs. 83 crores from satellite rights, and Rs. 75 crores from music.
03:04In comparison to this, in FY2012, the revenue was very low.
03:11Now we will have to see if this plan is successful,
03:14whether Mukesh Ambani buys stakes in Dharma Productions or not.
03:18If he can buy stakes, then his grip on the content production industry will be even stronger.
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