Lyca Productions Backed Off Their Deal With Karan Johar’s Dharma Productions?

Lyca Productions Backed Off Their Deal With Karan Johar's Dharma Productions?
Lyca Productions Backed Off Their Deal With Karan Johar’s Dharma Productions?

Earlier, it was reported that one of the known productions down south, Lyca Productions was all set to collaborate with Karan Johar’s Dharma Productions to start producing Hindi movies.

Now, reports state that this deal has been called off. A source informed a leading daily, “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.”

An industry insider reports, “Karan Johar at least has Fox-Disney’s backing for Brahmastra, which will be their last film in Bollywood. But for Karan’s upcoming films like Shershaah, Dostana 2, Jug Jugg Jeeyo, Liger, Shakun Batra’s next and Shashank Khaitan’s next, he’ll require the support of some studio. It remains to be seen who comes on board.”

However, an insider also informs, “Karan Johar is one of the most successful filmmakers at present. Most of his films work big time. I am sure he’ll soon get a partner and that’ll ease his woes to a great extent.”

Although, no official announcement about the same has been made.

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