The prestigious international banner Fox is said to have tied up with Karan Johar’s much-waited movie, ‘My Name is Khan’. Starring Shah Rukh Khan and Kajol, the movie is going to be second venture by Fox after ‘Slumdog Millionaire’.

According to sources Karan Johar and SRK’s Red Chillies will soon officially finalise the deal with Fox. Usually Yash Raj Films was associated with Karan’s movies. But now, the Bollywood’s favourite filmmaker has signed-in UTV Motion Pictures for two of his forthcoming films, ‘Wake Up Sid’ and ‘Kurbaan’. And latest is this agreement with the International productions.

It is said that Fox will acquire the movie’s rights for a whopping amount of Rs. 98 crores. While few others state it to be more than that, say Rs. 100 to 120 crores. But the factual amount is still unknown. Karan Johar said, “At the press conference (today) we are not going to discuss the commercial terms of the My Name Is Khan deal. The financial terms of this deal is an internal matter between Red Chillies, Dharma Productions and Fox. In any case, the figure is nothing close to what is being reported everywhere (120 crores). What we will discuss at the press conference is strategy. This is the first time such a deal has been inked, where the film will release beyond the mainstream diaspora and that is exciting.”

Well, with big names like King Khan, Kajol and Karan Johar in the movie, looks like Fox will have sure-shot returns. Let’s wait and watch. For the movie is said to be slated for early next year.