Dreamworks Studio, the film company headed by superstar director Steven Spielberg, will get around $200 million from its partner Reliance Entertainment to continue making films, according to a person with knowledge of the transaction.
The financing is the second part of a 2009 agreement to finance the studio. Reliance Entertainment, a unit of Reliance ADA Group, provided the partnership with $325 million capital for an undisclosed stake.
The studio, which made "The Help" last year, will produce between three and five films a year, a slight reduction in the four to six that it initially announced, said the person.
Copyright Thomson Reuters 2012
The financing is the second part of a 2009 agreement to finance the studio. Reliance Entertainment, a unit of Reliance ADA Group, provided the partnership with $325 million capital for an undisclosed stake.
The studio, which made "The Help" last year, will produce between three and five films a year, a slight reduction in the four to six that it initially announced, said the person.
Copyright Thomson Reuters 2012
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