Wednesday, June 25, 2008

Ambani to Finance Steven Spielberg and David Geffen

Anil Ambani

It’s time to teach Hollywood how to make movies. The finance mogul Anil Ambani is in talks with Steven Spielberg and David Gaffen for production deals after signing several with Hollywood directors like Jay Roach and Chris Columbus and Hollywood stars like Brad Pitt, George Clooney and Jim Carrey.

Reliance already have deep experience in film business with brands like Adlabs and Big Movies. Not to forget that Mrs. Ambani, Tina Munim, is a former Bollywood star. Chairman of Reliance Entertainment, Amit Khanna, is a well known Bollywood director and producer. He, along with Rajesh Sawhney, president of the group, plans for $100 billion entertainment company, the world’s largest.

One thing is sure, entertainment companies in India have plenty of money but not enough places to spend here.

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