He might be fighting big brother, Mukesh Ambani in the Supreme Court, but Anil Ambani is on a roll with a dream deal done with Steven Spielberg’s Dreamworks. The story in BBC.
The film studio Dreamworks, co-founded by Steven Spielberg, is to receive $825m for film production, the studio’s Indian partner says.
Reliance ADA Group, run by Anil Ambani, is one of India’s biggest entertainment groups and a key player in Bollywood, India’s Hindi film industry.
Dreamworks agreed a joint venture with Mr Ambani in October last year.
The new studio will make films in the US, injecting large amounts of Indian cash into America’s film industry.
Hollywood director Steven Spielberg has made some of the biggest box office hits including ET, Schindler’s List and Jaws.
Mr Ambani is the world’s sixth richest man. more
More on the deal here and here.
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