New Delhi, May 19 (UNI) With a view to expand its global footprint, Anil Ambani-led Reliance Big Entertainment, part of ADAG, has signed deals with eight Hollywood production houses.
According to a company statement it will develop and co-finance some of the projects emanating from these deals, and secure the Indian rights.
However, it has not divulged any financial details.
The deals are part of company's long-term strategy for media investments in Hollywood, to build a fully integrated movie company with substantial holdings in production, distribution and exhibition.
The deals are with production houses including George Clooney's Smokehouse Productions, Tom Hanks' Playtone Productions, Brad Pitt's Plan B Entertainment, Chris Columbus' 1492 Pictures and Nicolas Cage's Saturn Productions, the statement added.
The company expects to generate about 30 scripts from the deals, and will be a co-producer, a part producer or a distributor of the movies.
UNI SG AK US1454