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Hollywood to Bollywood

Industrialist Anil Ambani has joined hands with Hollywood directors Steven Spielberg and Stacey Snider for a few joint ventures in which he will invest Rs. 4000 crore. Will Hollywood dance to Bollywood tunes?

Ambani said he was ‘delighted’ at the partnership and that the work on the first film would begin by end of this year and its release expected next year. His collaboration with Spielberg would bring the ace director of films like Minority Report and Jurassic Park to India to meet Indian directors, producers, writers and technicians.

Ambani was keen on the partnership so that he gets the freedom to explore his tastes in filmmaking without relying on Hollywood studios. Julia Roberts, Brad Pitt and George Clooney are among the actors that will star in his films.

He also hopes to reach out to a global audience and Indians across the globe through his venture.

The partnership is a 50:50 venture between Ambani and Speilberg and Snider. Ambani has nominated his top lieutenant Amitabh Jhunjhunwala on the board.

“We’re very excited that we’re in business again, independent of motion picture studios,” Spielberg said in a conference call with reporters, adding, “This is a way we can have control over our products as well as co-ownership.”

Dream Works based in Los Angeles will eventually make 5-6 films per year. The goal of the partnership is quality commercial entertainment, said Snider, who was associated with the Gladiator and 21 Grams.

The rights for all these films across platforms such as theatres, DTH, television, DVD’s will remain with Reliance.

StarBoxOffice thinks that the trio will make quality films together, unlike Kambakkht Ishq which wasted its Hollywood locations and resources. It’s a film neither Hollywood nor Bollywood is proud of.

Also, more Hollywood stars and filmmakers will come to India and Bollywood stars will get more opportunities in mainstream Hollywood. Exposure to international cinema will increase whereas plagiarism of Hollywood films will decrease. There will be legitimate remakes and even Indian films will get a bigger market.

Time to raise a toast for Bollywood!