Monday, May 19, 2008

ANIL AMBANI TO FUND HOLLYWOOD BIGGIES



Reliance Big Entertainment, the media and entertainment company of Reliance ADA Group, on Sunday announced a slew of deals with production firms of Hollywood stars including Tom Hanks, Brad Pitt and Jim Carrey, marking its entry into the Mecca of films.The Hollywood entities involved in the development deals, brokered by Los Angeles-based Creative Artists Agency (CAA), are Cage`s Saturn Productions, Carrey`s JC 23 Entertainment, Clooney`s Smokehouse Productions, Columbus` 1492 Pictures, Hanks` Playtone Productions, Pitt`s B Entertainment and Roach`s Everyman Pictures.Terming this as the beginning of the company`s engagement with international film productions, Khanna said, "these deals alone have the potential of creating a slate of films worth USD 1 billion."Khanna said, the Hollywood partners would be a dedicated amount to develop films that they want to work in and then the films would go into production depending upon how the scripts shape up.

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