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Karan Johar calls himself a poor negotiator but stands by selling half his film company to Adar Poonawalla for $120 million in 2024.
Karan Johar has stated he’s the “worst negotiator” and has no regrets about selling a 50% stake in Dharma Productions and Dharmatic Entertainment to Adar Poonawalla for 1,000 crore rupees in 2024.
He credited his longtime friend and CEO Apoorva Mehta for managing the company’s business operations, acknowledging his own focus on creativity over commerce.
Johar believes the company’s value could grow from 50 crore to 1,500 crore, and sees the deal as a strategic move for long-term growth, despite his personal shortcomings in negotiations.
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Karan Johar se llama a sí mismo un mal negociador, pero se mantiene firme en vender la mitad de su compañía cinematográfica a Adar Poonawalla por 120 millones de dólares en 2024.