Friendzworld Entertainment,Films,National,Personal Anil Ambani signs $825 million deal with Spielberg

Anil Ambani signs $825 million deal with Spielberg

Anil Ambani-promoted Reliance Big Entertainment (RBE) has finally signed its much-hyped 50:50 joint venture with Hollywood’s iconic director Steven Spielberg’s Los Angeles-based production house DreamWorks Studios to produce six films per year. This is the most high-profile deals in global cinema.

Anil Ambani and Spielberg said the movies (produced by DreamWorks) would be globally distributed by Walt Disney, while the exclusive rights for India, including DTH, DVD and theatre rights, would rest with Reliance Big Entertainment.

Spielberg said he was looking forward to visiting India to meet filmmakers. This venture with Reliance opens a new door to our future. Their visionary step has given us a new set of dreams to work toward.
DreamWorks Studios will get an initial funding of $825 million and the first production would start this year for release in 2010. Of the $825 million, $325 million will be equity infused by Anil Ambani as his personal investment, $150 million will come from The Walt Disney Company as a distribution advance, and the rest will be funded by JP Morgan via debt.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post

The Ultimate Star Ajith (thala) has more fans Follower in Kollywood-Latest NewsThe Ultimate Star Ajith (thala) has more fans Follower in Kollywood-Latest News


The Ultimate Star Ajith affectionately called ‘Thala‘. He was favor among many young Stars including Simbu, Jai and Nakul.The list is getting bigger and stronger by the day Goes

Most young actors in Tamil cinema declare Ajith as their favorite hero. Jai who is currently enjoying tremendous success told that his favorite star is Ajith and even goes on to say that he talks to The Ultimate Star Ajith frequently..

Little super star Simbu has declared many time that he is a fan of Ajith. he is going to release a film ‘Silambattam’  sooner that would showcase him as an Ajith fan.

and so many young stars declaring that they like Ajith, here come the Sana Khan, the heroine of the Simbu starrer ‘Silambattam’ has expressed that ” I have become a great fan of Ajith”  and she added ‘I became a big fan of Ajith’ after watching ‘Billa’ and ‘Aegan’. ‘My dream is to do a film with the ‘Ultimate Star’..the list is getting bigger and bigger ….Ajith mania is rising in the kollywood..

Rahul Dravid is back in India’s One-day team and India ODI Squad for Champions Trophy 2009Rahul Dravid is back in India’s One-day team and India ODI Squad for Champions Trophy 2009

Dravid would once again take guard for India in ODIs. It was middle-order solidity the selectors were looking for and Dravid fitted the bill perfectly.

Selectors told that Our batting looked suspect during the T20 World Cup and the West Indies series. So we thought Dravid was the right man to add some spunk to the lineup, especially on the fast and bouncy tracks of South Africa.

With Zaheer (Khan) and (Virender) Sehwag not there, we’re short of two genuine matchwinners. Basically, we were looking at more impact players the selector added. Abhishek Nayar is the only all-rounder in the squad while wicketkeeper Dinesh Karthik will be considered as the third opener in case of a crisis. He did the job successfully in the West Indies and is a multi-utility cricketer.

Chairman Krishnamachari Srikkanth’s said that this is the best team we could have sent.

India ODI Squad announced:

Sachin Tendulkar, Gautam Gambhir, Rahul Dravid, Yuvraj Singh, MS Dhoni, Suresh Raina, Yusuf Pathan, Harbhajan Singh, RP Singh, Ishant Sharma, Amit Mishra, Dinesh Karthik, Abhishek Nayar, Ashish Nehra, Praveen Kumar.