19 February,2009 06:27 AM IST | | Upala KBR & Tushar Joshi
Duo's next movie My Name Is Khan to be a joint production
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Although the word on B-Town street is that this step was taken to tackle the recent recession, SRK explains the logic behind this business decision, "Karan doesn't want to pay me what others pay me (which is lesser); so he said, 'I can't underpay you like this, (also he doesn't want to pay me!) so you be my partner.' So now, we are jointly producing the film."
Priceless
Karan laughs when told about Khan's comment, "That's Shah Rukh's sense of humour but it's true I can never put down his price on paper.
He's beyond any remuneration and it's embarrassing for me to even discuss it with him. Shah Rukh owns the production.
Though we had earlier co-produced Kaal, we decided that a big film like My Name Is Khan should be a joint production.
It was for emotional reasons that we decided to do it. It's better to produce a film and own it than just act in it and there's no one I can think of better than SRK to co-produce with me."
Active producer
Karan adds that both Shah Rukh and he are extremely passionate about My Name Is Khan. "I have never felt that our production banners (Red Chillies and Dharma) are different.
Apart from the fact that we both liked the idea, I love the idea of Hiroo and Yash Johar and Gauri Khan presenting my film. And Gauri's lucky. It would be great to have her on my credit list."
However Karan is not worried about about having a difference of opinion with his partner.
He says emotionally, "I want him to participate on every level. It's fantastic to have Shah Rukh on board as a producer with his expertise.
He also has a sound business head and gives good advice so his contribution as a producer is very valuable in every account.
I have told him to take care of a lot of responsibilities and be an active producer."
On a lighter note, Karan adds, "There has never been any difference between Shah Rukh and my production house.
I tell his children (Aryan and Suhana) who are my godchildren, that I will leave the negatives of all my films to them, so they had better be nice to me."