Advertisement
YOU ARE HERE: LAT HomeCollectionsReliance Entertainment
IN THE NEWS

Reliance Entertainment

FEATURED ARTICLES
BUSINESS
August 12, 2008 | From Times Wire Services
Reliance Entertainment of India and DreamWorks SKG are close to finalizing a deal to set up a new film company, three people familiar with the negotiations said, allowing Steven Spielberg and others to split from Viacom Inc.'s Paramount Pictures subsidiary. The group has been looking to raise as much as $1.7 billion for the new venture, one person said on condition of anonymity because negotiations are continuing. The deal would end an acrimonious relationship between DreamWorks and Paramount, which bought the moviemaking machine behind "Transformers" and "Dreamgirls" for $1.6 billion in 2006.
ARTICLES BY DATE
ENTERTAINMENT
October 18, 2012 | By Dawn C. Chmielewski
Creative Artists Agency and one of the top talent agencies in India, Kwan Entertainment & Marketing Solutions, have formed a joint venture to represent Bollywood talent, in a move that underscores the importance of the growing Asian market to the entertainment industry. The newly formed CAA Kwan will pursue opportunities for talent in film, television, music, commercial endorsements, sports consulting and other businesses. The company will be based in Mumbai, with offices in Delhi, Bangalore and Hyderabad.
Advertisement
ENTERTAINMENT
October 18, 2012 | By Dawn C. Chmielewski
Creative Artists Agency and one of the top talent agencies in India, Kwan Entertainment & Marketing Solutions, have formed a joint venture to represent Bollywood talent, in a move that underscores the importance of the growing Asian market to the entertainment industry. The newly formed CAA Kwan will pursue opportunities for talent in film, television, music, commercial endorsements, sports consulting and other businesses. The company will be based in Mumbai, with offices in Delhi, Bangalore and Hyderabad.
ENTERTAINMENT
June 26, 2012 | By Richard Verrier
The Facebook page for the upcoming movie “People Like Us” contains the expected highlights -- photos of stars Chris Pine and Elizabeth Banks, video interviews, information on advance ticket sales, and a trailer. Then there is something else -- an interactive “People Like Us Locations Map” displaying locations of the various restaurants and businesses featured in the DreamWorks Pictures/Reliance Entertainment film. Visitors can see photos of houses and neighborhoods where the characters lived, ate tacos, watched the sunset, bought groceries and even did their laundry.
ENTERTAINMENT
August 3, 2009 | Ben Fritz
Steven Spielberg has found his next project in the past. Hollywood's most famous filmmaker will direct a remake of the 1950 movie "Harvey," which starred Jimmy Stewart as an eccentric who claims to be friends with an invisible 6-foot rabbit. It was based on a Pulitzer Prize-winning 1944 play by Mary Chase. Spielberg is finishing work on the first of a new series of movies based on the Belgian comic strip "Tintin," which are being co-financed by Paramount Pictures and Sony Pictures.
ENTERTAINMENT
June 26, 2012 | By Richard Verrier
The Facebook page for the upcoming movie “People Like Us” contains the expected highlights -- photos of stars Chris Pine and Elizabeth Banks, video interviews, information on advance ticket sales, and a trailer. Then there is something else -- an interactive “People Like Us Locations Map” displaying locations of the various restaurants and businesses featured in the DreamWorks Pictures/Reliance Entertainment film. Visitors can see photos of houses and neighborhoods where the characters lived, ate tacos, watched the sunset, bought groceries and even did their laundry.
BUSINESS
December 19, 2008 | Claudia Eller
Everyone in Hollywood knows that one of the world's wealthiest filmmakers, Steven Spielberg, hates to spend his own money making movies. But Spielberg and India's Reliance Big Entertainment -- his equity partner-in-waiting -- are expected to write a hefty check to Paramount Pictures next month to buy 17 projects to jump-start their new independent studio. Facing a due date of Jan. 15, Spielberg and Reliance will have to pay DreamWorks' former owner anywhere from $25 million to $35 million for the projects, depending upon commitments to screenwriters.
BUSINESS
September 20, 2008 | Claudia Eller, Times Staff Writer
Viacom Inc.'s Paramount Pictures has released DreamWorks SKG co-founder Steven Spielberg and his team of executives from their contracts, paving the way for the famous filmmaker to form a new studio backed by India's Reliance ADA Group. The move spells an end to a short-lived and acrimonious corporate marriage that at the same time provided Paramount with some of its biggest hits in recent years.
BUSINESS
May 25, 2011 | By Ben Fritz, Los Angeles Times
Former Universal Pictures co-Chairman David Linde has unveiled his new independent film finance and production company, the latest Hollywood venture to be backed by India's Reliance Entertainment. A spokesman for Linde declined to disclose details of the deal with Reliance, including how much capital the company is investing in the yet-to-be-named venture and what its ownership stake is. Reliance Entertainment, a division of the Indian media conglomerate Reliance ADA Group, has been stepping up its investment in Hollywood over the last several years.
BUSINESS
April 11, 2012 | By Ben Fritz, Los Angeles Times
Steven Spielberg's struggling DreamWorks Studios has gotten a new lease on life thanks to a $200-million investment from its primary financier, India's Reliance Entertainment, said a person with knowledge of the matter unauthorized to speak publicly. Dreamworks' shortage of cash since late last year has left many in Hollywood nervous about its future. The company, led by Chief Executive Stacey Snider, sharply cut back on its development and production spending. The independent studio has only two movies set to come out this year - the low-budget drama "People Like Us" and the Spielberg-directed biopic "Lincoln" - compared with six in 2011, the first year that it released films in its current incarnation.
BUSINESS
April 11, 2012 | By Ben Fritz, Los Angeles Times
Steven Spielberg's struggling DreamWorks Studios has gotten a new lease on life thanks to a $200-million investment from its primary financier, India's Reliance Entertainment, said a person with knowledge of the matter unauthorized to speak publicly. Dreamworks' shortage of cash since late last year has left many in Hollywood nervous about its future. The company, led by Chief Executive Stacey Snider, sharply cut back on its development and production spending. The independent studio has only two movies set to come out this year - the low-budget drama "People Like Us" and the Spielberg-directed biopic "Lincoln" - compared with six in 2011, the first year that it released films in its current incarnation.
BUSINESS
May 25, 2011 | By Ben Fritz, Los Angeles Times
Former Universal Pictures co-Chairman David Linde has unveiled his new independent film finance and production company, the latest Hollywood venture to be backed by India's Reliance Entertainment. A spokesman for Linde declined to disclose details of the deal with Reliance, including how much capital the company is investing in the yet-to-be-named venture and what its ownership stake is. Reliance Entertainment, a division of the Indian media conglomerate Reliance ADA Group, has been stepping up its investment in Hollywood over the last several years.
ENTERTAINMENT
August 3, 2009 | Ben Fritz
Steven Spielberg has found his next project in the past. Hollywood's most famous filmmaker will direct a remake of the 1950 movie "Harvey," which starred Jimmy Stewart as an eccentric who claims to be friends with an invisible 6-foot rabbit. It was based on a Pulitzer Prize-winning 1944 play by Mary Chase. Spielberg is finishing work on the first of a new series of movies based on the Belgian comic strip "Tintin," which are being co-financed by Paramount Pictures and Sony Pictures.
BUSINESS
December 19, 2008 | Claudia Eller
Everyone in Hollywood knows that one of the world's wealthiest filmmakers, Steven Spielberg, hates to spend his own money making movies. But Spielberg and India's Reliance Big Entertainment -- his equity partner-in-waiting -- are expected to write a hefty check to Paramount Pictures next month to buy 17 projects to jump-start their new independent studio. Facing a due date of Jan. 15, Spielberg and Reliance will have to pay DreamWorks' former owner anywhere from $25 million to $35 million for the projects, depending upon commitments to screenwriters.
BUSINESS
September 20, 2008 | Claudia Eller, Times Staff Writer
Viacom Inc.'s Paramount Pictures has released DreamWorks SKG co-founder Steven Spielberg and his team of executives from their contracts, paving the way for the famous filmmaker to form a new studio backed by India's Reliance ADA Group. The move spells an end to a short-lived and acrimonious corporate marriage that at the same time provided Paramount with some of its biggest hits in recent years.
BUSINESS
August 12, 2008 | From Times Wire Services
Reliance Entertainment of India and DreamWorks SKG are close to finalizing a deal to set up a new film company, three people familiar with the negotiations said, allowing Steven Spielberg and others to split from Viacom Inc.'s Paramount Pictures subsidiary. The group has been looking to raise as much as $1.7 billion for the new venture, one person said on condition of anonymity because negotiations are continuing. The deal would end an acrimonious relationship between DreamWorks and Paramount, which bought the moviemaking machine behind "Transformers" and "Dreamgirls" for $1.6 billion in 2006.
ENTERTAINMENT
August 29, 2012 | By Ben Fritz
This post has been updated. See note below for details. Walt Disney Studios will no longer release movies from its partner DreamWorks Studios everywhere around the world. The two companies have renegotiated their longstanding agreement. Going forward, Disney will release movies produced by DreamWorks, the independent studio led by Steven Spielberg and Stacey Snider that made "War Horse" and "The Help," in the U.S., Canada, Latin America, Australia, and most of Asia. DreamWorks has signed a deal with Mister Smith Entertainment, a new company headed by Summitt Entertainment co-founder David Garrett, to handle sales in Europe, Africa and the Middle East.
BUSINESS
February 10, 2009 | Claudia Eller
Steven Spielberg's DreamWorks studio finalized a distribution deal with Walt Disney Co. on Monday after winning key financial commitments that it had failed to extract from its presumed partner, Universal Pictures. Under the deal, Disney will put up hundreds of millions of dollars for film print and advertising costs and will share its valuable pay television slots with DreamWorks.
Los Angeles Times Articles
|