Mukesh Ambani's Reliance Industries is reportedly looking to acquire a stake in Karan Johar's Dharma Productions. This move aims to strengthen Reliance’s foothold in India's entertainment industry, adding to its assets like Jio Studios and Viacom18 Studios. Dharma Productions, mostly owned by Johar, is seeking new partnerships due to rising production costs and the shift towards OTT platforms. Challenges such as declining theater attendance have pushed Bollywood studios to seek fresh investments. Although Johar has tried to monetize his stake before, past deals fell through due to valuation disputes. This deal could be a game-changer for both parties.