Anil Ambani’s Reliance Big Entertainment signs up Bachchans for Rs 1500 crore!

by Ravi on June 25, 2008

in Gossip

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b31 Anil Ambanis Reliance Big Entertainment signs up Bachchans for Rs 1500 crore!

Reliance Big Entertainment seems to be getting bigger by the day.

Days after reports of the Anil Ambani’s firm planning to infuse about $600 million into Hollywood bigwig Steven Spielberg’s DreamWorks, comes the news of a mega deal with the Bachchans!

Industry 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.

Reliance Big Entertainment will look into the managerial, marketing and distribution of the projects in the deal, while the creative inputs would come from the Bachchans.

reliance Anil Ambanis Reliance Big Entertainment signs up Bachchans for Rs 1500 crore!

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.

A source from Reliance Adlabs said that more directors would soon be signed up for the joint venture.

Confirming the news, a spokesperson for RBE said, “We are proud of the association with the Bachchan family. We are confident that the creative genius of the Bachchans and the business acumen of Reliance will create magic and take entertainment to a different level. The joint venture and our 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.

Speaking to the media, Amitabh Bachchan said, “We will provide the creative inputs and also share the profits. As of now, we plan to start with film projects and work in a way that will benefit us mutually. Also, they have given us the liberty to work outside and there is an unwritten understanding that we have the first right of refusal.”

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{ 5 comments… read them below or add one }

sharma s June 25, 2008 at 11:13 pm

Not sure it is a good move from relaiance. Bachchan’s charm is no longer same. Liked by only certain group in industry as well. People of Tired watching Dabar Glucose, Hajmola ….. Aish always bg talking about hollywood movie……and he is my hubby….i am wife ……….. Abhi needs to sit in washing mechine with hot water for half an hour to get rid of untidy look. I really doubt about that their stat power will increase in future and can give a business profit.

Back camera work i say nothing. dont know

Reply

Fathiya June 27, 2008 at 2:09 am

Sharma s: what u said is wrong, Bachans are ruling bollywood. One more strong member was added to the family which is Aishwariya. Now 3 strong big stars together!!

Bollywood would be very poor without the Big B in the 1st place and Shahrukh in the 2nd.

Reply

claire July 1, 2008 at 11:07 am

I’m not sure how i got here, but I have to tell you I’m just struck by how beautiful you all are. My jaw dropped a little. That’s not easy to get my attention anymore. wooooo. anyway i’ll split now. just f’n beautiful. lucky. bye

Reply

Shama Khan July 1, 2008 at 2:02 pm

Please leave the bachans alone they are good in many ways, they are polite, humble and unique in their own ways.

Without the Bachans Bollywood industry will not be welcomed by viewers.

They are the pillar of Bollywood Industry Mrs. Jaya Ji gave her best share of contributions to this industry her films were appreciated and welcomed with viewers they wanted more of Mrs. Jaya Ji but she gave her commitment to her family by being there for ever.

Mr. Bachan Ji has done his share of contribution to this film industry and he will give his best till the end.

I love your family member Mr. Bachan Ji….. Keep up the good work and keep smiling beacuse smile is very healing.

Best of Luck for Better Future to all of you Bachans.

Reply

K.Jeevan July 9, 2008 at 11:56 am

Namaste

I think Mr.Anil Ambani has done a great job by signing the bachchan’s
because they are a well known film industry figures. I hope that their partnership will make a great impact on Indian film industry all over the world. If we take a look at their film career they are the most well known actors and actress, so I would like to wish them all best of luck and God will always bless them to be successful.

Reply

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