Wednesday, June 18, 2008

DreamWorks, Take Two

The Wall Street Journal broke the story, but Nikki Finke's Deadline Hollywood Daily is linkable:

DreamWorks Finds Indian Big Bucks To Exit Paramount & Form New Film Biz
I can confirm tonight that DreamWorks has secured $500 million to $600 million from India's big entertainment conglomerate Reliance and then will add $500 million to $600 million in debt for what will be a total $1.2 billion financing for its new independent film company.

Emphasis added by me.

Foreign capital has always been eager to finance American entertainment productions.

I wish international funds would seek out and help to build a global ebook standard too!

Immediately related:

American Tech Companies: Wake Up!
What A Difference A Year Makes!
Nikki Finke Has Deadly Accuracy
Hollywood’s Worst Nightmare: Obsolescence

At the old blog:

Photo Album: India At Sixty, South Street Seaport NYC

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