More than a year after businessman Adar Poonawalla acquired a 50 per cent stake in Karan Johar’s Dharma Productions, another partnership in the Indian film industry has come to fruition. mid-day has exclusively learnt that Farhan Akhtar and Ritesh Sidhwani’s Excel Entertainment is joining hands with Hollywood giant Universal Studios, a part of the American company Comcast Corporation. “The talks between the two have been going on for months now. Universal Studios has been quite keen on becoming a force in the Indian film market. The deal has finally [gone through],” informs a source.

Excel Entertainment’s 2025 slate included ‘120 Bahadur’