Walt Disney, Dream Works strike Bollywood deal

Washington, Feb 11 (ANI): Walt Disney and Dream Works have joined forces for a long-term distribution deal, which aims at bringing Bollywood movies to the States.

Though the deal has not been fully disclosed, the terms of the deal state that Disney will distribute and market six DreamWorks films a year under its existing partnership with India's Reliance Big Entertainment.

Disney chairman Dick Cook has revealed that he is "thrilled and honored" to be working with DreamWorks' founder Steven Spielberg and chief executive Stacey Snider.

The first flick to be produced as a result of the tie-up is expected to be released in 2010.

"Steven has made some of the biggest and most loved films of all time, and continues to be one of the great icons of our industry, Stacey has an impeccable reputation and a phenomenal track record for making a wide variety of quality films," Contactmusic Dick Cook, as saying.

Meanwhile, Spielberg was full of admiration for Disney.

"Disney is the birthplace of imagination and has always been as close to the worldwide audience as any company ever has," Spielberg said. (ANI)