UPDATE: My Name is Khan for Rs 100 crore
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There's a reason why they call him King Khan even today and when he teams up with longtime friend and Bollywood's hottest producer-director Karan Johar it's a formula for blockbusters.And that's reason enough for Fox Studio to put its money in what could arguably be the biggest Bollywood deal ever.
Fox is all set to acquire the worldwide rights of Karan Johar's Shah Rukh Khan-Kajol starrer My Name is Khan for a record Rs 100 crore. That's more than double the budget of the film.
"It will be a very big deal for Fox. It catapults them to the big league. It can't get bigger than KJo, SRK in Bollywood," said Komal Nahata, Film Trade Analyst.
Such a big buyout especially when many producers have failed to seal deals will certainly raise eyebrows and reiterate King Khan's saleability factor in the box office.
Till date Aamir Khan's Ghajini (Rs 90 crore0 has topped the buyout list, Om Shanti Om (Rs75 crore) stood second highest followed by Akshay Kumar's Singh is Kinng (Rs 60 crore) and Welcome (Rs 40 crore).
But for Fox Star Studio that's Fox's Joint Venture with STAR is a high stakes game. After the runaway success of Slumdog Millionaire, Fox clearly leads the pack compared to its global rivals Warner Bros and Sony whose Hindi productions Sawariya and Chandni Chowk To China have all bombed at the box office.
But experts say with SRK's global popularity, My Name is Khan will be one of the highest grossers for the overseas Box Office. No wonder Fox is betting on a 2010 project of SRK despite the rather lukewarm response of his Billu and Rab Ne Bana De Jodi.
Shahrukh Khan is busy shooting for Karan Johar's My Name is Khan. And we may soon get to see King Khan in a new avataar in a Tamil film.
‘Badshah' of Bollywood was invited as the guest of honour at the birthday celebrations of Malaysia's Prime Minister Datukshri Najib Tun Razak yesterday.

Shahrukh Khan is all set to play the role of a father and believe it or not he will play it in two movies My Name Is Khan and Anubhav Sinha's Ra 1. Although most actors shy away from playing such roles Shahrukh had qualms about playing a father on screen. Most stars are apprehensive of loosing their charm once they play an aged character on screen but not Shahrukh.
Om Shanti Om star Deepika Padukone has declared that she was fortunate to debut opposite her idol Shah Rukh Khan.

Shahrukh Khan truly was every bit a king when he took his crew shopping recently in San Fransico. The King Khan was in one of his most generous moods after he was through with the shoot of ‘My Name is Khan’.