Anil Ambani’s firm entered Hollywood
May 19th, 2008 | Category:Breaking News, Business News, India News, National NewsAnil Ambani’s Reliance Big Entertainment has signed deals to provide development funds to eight leading creative forces in Hollywood. Reliance Big Entertainment on Sunday announced a slew of deals with production firms of Hollywood stars including Tom Hanks, Brad Pitt & 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 & Roach’s Everyman Pictures.
Prasoon Joshi the advertisement guru, who is also in on the deal said, “There will be no creative interference”. When creative freedom is combined with the huge cache of funds that Reliance will pump in, Bollywood is set to become a very significant player in the west.
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