SCOOP Lyca Productions deal with Karan Johars Dharma Productions called off Bollywood News Bollywood Hungama

In October 2020, Bollywood Hungama had exclusively reported that Lyca Productions, one of the biggest productions down South, was all set to enter Bollywood to produce Hindi language films. In December 2020, we also broke the news that Dharma Productions, owned by Karan Johar, is all set to collaborate with Lyca.

Karan had a pretty stable association with Fox Star Studios and both collaborated on multiple projects. But after Fox group was taken over by Walt Disney, the latter decided to stop greenlighting new films in India. Karan was looking for a studio partner and that’s when he began talks with team Lyca. Both had collaborated in the past with Rajnikanth-Akshay Kumar starrer 2.0 (2018). Directed by Shankar, this sci-fi biggie was presented in the Hindi market by Dharma Productions.

And now the latest buzz is that sadly, the deal has fallen through. A source says, “Lyca Productions has backed out of the deal with Dharma Productions. No one exactly knows the reason behind it as only the top honchos were involved in all the discussions. But the deal is not happening.”

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