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Thursday, June 19, 2008
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Spielberg Said to Be in Talks With Reliance
Summary from United States, from articles in English
NEW DELHI - Steven Spielberg and other top executives at DreamWorks SKG may get a lift from a Bollywood player with ambitious dreams of its own. (article 3) Mr. Spielberg and Mr. Geffen could get $500 million to $600 million in cash, in return for an undisclosed equity stake in their new company. (article 3) The Indian billionaire owns movie production facilities and theater chains in his homeland, as well as a piece of an Indian post-production company, Prime Focus Group, that lately has been acquiring similar firms in Hollywood. (article 5) His Mumbai-based Reliance ADA Group is in talks to help finance a move by DreamWorks SKG, the studio founded by Steven Spielberg, David Geffen and Jeffrey Katzenberg, to become an independent company again. (article 5) With divorce between DreamWorks SKG and Viacom Inc.'s Paramount Pictures a given, the only issue now is who gets custody of the children. (article 1) In the coming weeks, DreamWorks will begin the complicated business of dissolving their bitter 2 1/2 -year union, leaving in limbo hundreds of movie projects, employees, talent and producers who work for the company. (article 1) News of the negotiations with Reliance, controlled by Anil Ambani caught Viacom executives by surprise yesterday. (article 2)

Event tracking:
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  • Story keywords
    DreamWorks, Reliance, Paramount, Spielberg, Geffen

    Source articles
    1. DreamWorks-Viacom breakup could get ugly (L.A. Times, 06/19/2008, 1051 words)
    2. DreamWorks in talks with Reliance (ft.com, 06/18/2008, 429 words)
    3. Spielberg Said to Be in Talks With Reliance (nytimes.com, 06/19/2008, 996 words)
    4. Spielberg Said to Be Seeking Deal (nytimes.com, 06/19/2008, 336 words)
    5. A continental shift for DreamWorks (L.A. Times, 06/19/2008, 621 words)




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