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Monday, June 23, 2008

Spielberg Goes to Bollywood

June 23 (Bloomberg) -- It's a rare Hollywood tale that has roles for Steven Spielberg, India, warring billionaire brothers, hedge funds and the power shift from West to East.

Some moving parts, for sure, yet DreamWorks SKG's flirtation with Bollywood may be fodder for Shakespeare, never mind Tinseltown writers. The plot: DreamWorks and billionaire Anil Ambani are reportedly in talks for the Reliance Anil Dhirubhai Ambani Group to invest as much as $600 million in the studio.

There's even a cameo in this script for George Soros, who is among those betting on the fastest-growing major economy after China. In February, the billionaire bought a 3 percent stake valued at $100 million in Reliance Entertainment...hehehe ade gak?

It's no mystery why studios such as Sony Pictures Entertainment and Walt Disney Co. have signed deals with Indian entertainment companies. Mumbai-based UTV Software Communications Ltd. co-produced filmmaker M. Night Shyamalan's (6th sense) latest movie, ``The Happening.''

Matjem: Peminat filem Hindustan pastinya teruja....hehehe not me ahhhh....wa rock!

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