Saregama in Talks to Acquire Majority Stake in Dharma Productions

- Saregama India Ltd is reportedly negotiating to acquire a majority stake in Karan Johar’s Dharma Productions. - The deal is not yet finalized and may not proceed. - Dharma Productions has been actively seeking investments, while Saregama aims to bolster its content and movie catalogue. - Saregama's acquisition could leverage Dharma’s industry relationships and project capabilities. - Dharma's FY23 revenue stood at ₹1,044.16 crore, with a profit of ₹10.69 crore, while Saregama had a revenue of ₹7,90.3 crore, with a net profit of ₹1,85.1 crore. Source: [Mint](https://www.livemint.com/industry/media/saregama-in-talks-to-acquire-majority-stake-in-karan-johar-s-dharma-productions-rp-sanjiv-goenka-11728197684333.html)