Karan Johar has been seeking to monetise his stake in Dharma Productions for a while, but previous deals failed due to differences over valuation

Reports suggest Reliance is considering acquiring a stake in Dharma Productions, while Karan Johar seeks to monetise his ownership amid industry challenges.

Karan Johar’s Dharma Productions is in the spotlight as takeover rumours circulate, while the company’s Twitter bio asserts Johar's ownership amidst reports of Reliance and Saregama's interest.

Karan Johar's Dharma Productions has reportedly been seeking a strategic partnership to bolster its foothold in the industry.

Saregama recently acquired a majority stake in digital entertainment firm Pocket Aces Pictures, aims to enhance its content offerings and expand its film catalog.

In a stock exchange filing, Saregama India said that the company “evaluates various strategic opportunities in the ordinary course for growth and expansion of its business but at this stage there is no material evidence”.

RP-Sanjiv Goenka Group-owned Saregama India Ltd is having a field day on Dalal Street on Tuesday, October 8. The entertainment company's shares found new heights on the day, surging past 9 per cent in the intraday trade.

With the box office volatility and rising star fees, it is tougher for production house like Dharma to operate independently. Recently, Dharma has released Kill, Bad Newz, Yodha and Mr & Mrs Mahi. Its Alia Bhatt-starrer Jigra will arrive in cinemas this week.

Johar expressed concern over skyrocketing actor fees, revealing that some stars had asked for Rs 40 crore to appear in Kill, which equaled the film's entire budget.

The music company, which has been trying to make a mark in the movie and OTT space, has already acquired Pocket Aces Pictures and is aiming to boost its content catalogue, the newspaper said