Top Story


Home >> Media - Others >> Article

Spielberg’s DreamWorks, Reliance ADAG close to forming new movie venture

Font Size   16
Spielberg’s DreamWorks, Reliance ADAG close to forming new movie venture

Once the deal materialises, it could be India’s dream foray into Hollywood big league. DreamWorks SKG, the film studio of Steven Spielberg and David Geffen, and Reliance ADAG are in talks to form a new movie venture. As part of the deal, Reliance is likely to pump in $500-$600 million in equity into the venture.

The news first appeared in Wall Street Journal on Wednesday. According to the paper, the capital provided by Reliance would help DreamWorks to part ways from Viacom Inc’s Paramount Pictures later this year.

The paper further reported that the Reliance-DreamWorks movie venture would produce about six films every year.

WSJ also stated that the new company might be headed by DreamWorks CEO Stacey Snider.

Reliance officials are tightlipped about the deal. Further details are awaited.


Kranti Gada joined the family business at Shemaroo in 2006 after a successful stint of over two years in marketing at Pepsi Co. She has been associated with the company for 12 years.

Exchange4media interacted with Jaspreet Chandok, Vice President and Head (Fashion) , IMG Reliance Pvt. Ltd on seamless brands integrations planned for Lakme Fashion Week, walking tall despite blazing trails like GST, demonetization and being a part of the larger cultural space

Their strategy to educate the consumers to make well informed decisions at all stages has worked out well.

Bobby Pawar, MD, CCO - South Asia, Publicis India, talks about his idea of chilling out

Launches third phase of TVC campaign ‘Think it. Done’

Based in Mumbai, Usha has nearly two decades of experience in the Indian media and entertainment sector and will serve as a strategic advisor to H+K’s diverse portfolio of clients with a special empha...

Report based on media channel data in 96 countries and detailed findings from the world‘s key ad markets, which between them account for approximately two-thirds of the value of global advertising tra...