Disney, DreamWorks Announce Distribution Deal
Steven Spielberg and Stacey Snider and The Reliance Anil Dhirubhai Ambani Group announced the formation of a new motion picture company which will be led by Spielberg and Snider. The new company is a continuation of DreamWorks Studios which was formed in 1994 by Steven Spielberg, Jeffrey Katzenberg, and David Geffen. The company won three consecutive Best Picture Academy Awards with AMERICAN BEAUTY, GLADIATOR and A BEAUTIFUL MIND (both co-produced with Universal). Among the company's other successes have been such films as SAVING PRIVATE RYAN (co-produced with Paramount), THE RING, MINORITY REPORT (co-produced with 20th Century Fox), WAR OF THE WORLDS, DREAMGIRLS and TRANSFORMERS (all co-produced with Paramount). Snider joined DreamWorks Studios in 2006 as Co-Chairman and CEO. Snider has overseen the company's business strategy as well as the creative and financial aspects of all film development and production.
About Reliance BIG Entertainment
Reliance BIG Entertainment Ltd. (RBEL) (www.rbe.co.in) is the flagship media and entertainment arm of Indian conglomerate, Reliance Anil Dhirubhai Ambani Group (R-ADAG), (www.relianceada.com) with significant presence in film entertainment (film production, distribution, and exhibition), broadcasting and new media ventures.
With investments over USD 1 billion in its Filmed Entertainment business RBEL's motion picture brand BIG Pictures has built a formidable film production slate in Hindi, English & other Indian languages, which it markets & distributes worldwide.
In Hollywood, BIG Pictures has development silos with Nicolas Cage's Saturn Productions, Jim Carrey's JC 23 Entertainment, George Clooney's Smokehouse Productions, Chris Columbus' 1492 Pictures, Tom Hank's Playtone Productions, Brad Pitt's Plan B Entertainment, Jay Roach's Everyman Pictures Brett Ratner's Rat Entertainment and Julia Roberts' Red Om Films.