Anil Ambani and Steven Spielberg to produce Hollywood flicks
July 16, 2009

Anil Ambani’s Reliance Big Entertainment (RBE) and Steven Spielberg’s DreamWorks has entered into a 50:50 joint venture. The deal was formally signed by both the parties. As per the deal, $825 million will be funded by RBE.

While $325 million will be a personal investment by Anil Ambani, $150 million will be a distribution advance drawn from The Walt Disney Company. The remaining will be in the form of debt from JP Morgan.

The film production will commence this year and the first release is slated to be held next year (2010).

The four members that will constitute the Dream Works Board are: Amitabh Jhunjhunwala, Alan Levine, Stacey Snider and Speilberg.

Anil Ambani
News Link

Shruti Haasan gets a nose job done

More News
News Arrow Hrithik in wheelchair
News Arrow Anil Ambani and Steven Spielberg to produce Hollywood flicks
News Arrow Shruti Haasan gets a nose job done
News Arrow Priyamani opens up on Ravanan
News Arrow The multilingual actress of Kamal movie
News Arrow Suriya’s avatars for Singam
News Arrow Vijay’s favorite ties the knot
News Arrow What’s brewing between Gautham Menon and Rahman?
News Arrow Narain's official promotion
News Arrow Aishwarya Rai’s fight with Rajinikanth
News Arrow Jayam Ravi and Shaam team up this time
News Arrow Navya Nair’s wedding
News Arrow Lara Dutta clarifies on her status
News Arrow Married heroine back in action
News Arrow Trisha's regular voice for her again
News Arrow Meena’s reception
News Arrow ‘The First Time,’ says Director Balachander
News Arrow Kanthaswamy pushes back Aayirathil Oruvan
News Arrow Album for a cause
News Arrow Kamal Haasan’s highly educated family and his passion
News Arrow Silambarasan is the best lyricist
News Arrow Hema Malini: Aishwarya is the Dream Girl now
News Arrow Karthi in tattered clothes, Erum Abbas justifies
News Arrow Kanthaswamy release report
 
 
Everything about Tamil movies, Tamil Actors, Tamil Actresses, Tamil Cinema & Kollywood
Behindwoods.com 2004-2009 ; Privacy Policy ; Terms of Service