Reliance tie up with Spielberg for joint production ventures with Bollywood

July 17th, 2009 - 1:44 pm ICT by Sampurn Wire  

India’s Reliance group has pledged $325 million financing to Steven Spielberg and made production agreements with George Clooney and Julia Roberts’ production houses, according to reports.

Indo-Americans have welcomed this Hollywood-Bollywood tie-up. Acclaimed Indo-American statesman Rajan Zed, in a statement today, said that they hoped that films being very effective communication tool world over, this collaboration would bring East and West culturally closer.

Zed, who is chairperson of Indo-American Leadership Confederation, urged the film collaborators to produce wholesome and healthy entertainment, making the world a better place to live in. - Sampurn Media

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