Entertainment & Sports
Aug. 25, 2009
DreamWorks Deal Showcases India's Entertainment Clout
Last week's $825 million deal between DreamWorks and Mumbai-based Reliance Big Pictures shows the film industry may have found a new source of cash to replace the pools of capital that have all but dried up in Hollywood.
Daily Journal Staff Writer The film industry may have found a new source of cash in India to replace the pools of capital that have all but dried up in Hollywood. That was evident when DreamWorks and Mumbai-based Reliance Big Pictures announced last week they had finalized an $825 million financing deal 11 months in the making. For DreamWorks, it was a way to secure long-needed funds while navigating "changing econom...
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