Shah Rukh Khan to buy a Essel Studios located in Mumbai.



We were the first to tell you all about how leading actor-producers from the industry were looking to invest in land and setting up their own studios — something that only a few iconic filmmakers like Raj Kapoor might have done in the past. We’d mentioned that Salman Khan, Ajay Devgn and Shah Rukh Khan were among the actors who had indicated an interest in doing so. Now it seems that SRK has got the first mover advantage, by finalising a major studio purchase deal.

The buzz in B-town is that the King Khan has invested a lot of moolah in the conveniently located Essel Studios in Mumbai. While peers like Salman and Ajay are still scouting suitable properties and land, SRK, we hear, has beaten them to the punch. “Look, apart from being an actor, Shah Rukh is also an astute businessman,” said one trade analyst. “Anyway, actors of late have smartened up and are investing wisely. The reports about these top actors wanting to set up their own studios has been around for a while and hopefully, the others too will follow suit.”

According to a source close to the superstar, a formal announcement about the studio deal will be made soon. “SRK and his team have already chalked out plans for the renovation of the studio and are currently thinking of renaming the landmark as well,” our source added.

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