Karan Johar signs Rs 60 Cr deal with UTV
Dharma Productions owned by Karan Johar signed a worldwide film distribution deal with UTV Motion Pictures worth Rs 60 Cr for its two films under production, Wake Up Sid and writer-turned-director Rensil D’Silva’s yet to be titled film.
The deal includes theatrical, home video, overseas, satellite and all other new media distribution rights. The two films are slated for release in the later part of 2009.
Dharma-UTV deal comes after Yash Raj Films (YRF) has withdrawn its over 10-year-old distribution deal with Dharma Productions.
Wake Up Sid, starring Ranbir Kapoor and Konkona Sen Sharma, is being directed by Ayaan Mukerji . The music of the film has been composed by Shankar-Ehsaan-Loy.
Rensil D’silva film stars Saif Ali Khan, Kareena Kapoor and Vivek Oberoi and the music has been scored by Salim-Sulaiman. This film is being shot entirely in Philadelphia and London.