Anil Ambani and Amitabh Bachchan in Rs 1500 Cr deal
Reliance Big Entertainment (RBE) seems to be expanding in a hurry. Recently, the Anil Ambani firm closed a deal to infuse about $600 million into Hollywood super director Steven Spielberg’s DreamWorks. Now comes the news of a mega deal with the Bachchans.
Sources said the deal could be worth Rs 1,000-1,500 crore and would include film production, television series, reality shows, internet and mobile content besides live shows. RBE will look into the managerial, marketing and distribution of the projects in the deal while the creative inputs would come from the Bachchans.
Some of the directors who have been signed up to direct films for the joint venture are Cheeni Kum director R Balakrishnan, Sujoy Ghosh, Rohan Sippy and Dr Chandraprakash Dwivedi. Accoeding to Reliance Adlabs, more directors would soon be signed up for the joint venture.
The joint venture and the strategy to tie up with Indian and international creative talent will help the company build a new-age global entertainment conglomerate. Amitabh Bachchan’s company AB Corp will facilitate the execution of the joint venture projects.