Reliance Eyes Stake in Dharma Productions

• Reliance Industries is in talks to acquire a stake in Karan Johar's Dharma Productions.
• The deal aims to bolster Reliance's position in the content production industry.
• Karan Johar owns 90.7% of Dharma, with his mother holding 9.24%.
• Past deals fell through due to valuation disagreements.
• The Hindi film industry faces financial challenges, with rising costs and declining theater attendance.

Source: Business News India, The Economic Times