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David Linde To Receive Reliance Investment

By NIKKI FINKE, Editor in Chief | Thursday October 7, 2010 @ 9:04am PDTTags: David Linde, Movies, Reliance ADA Group

EXCLUSIVE: Give me time to photoshop an Indian turban on David Linde’s head (like I previously did for Dreamworks’ Steven Spielberg and Stacey Snider). Because I’ve just pieced together that Linde’s newly formed film entertainment company, Lava Bear Films, is in negotiations  with Reliance ADA. What’s happening is that India’s giant entertainment conglomerate intends to join Lava Bear as an equity partner. Here’s why: Reliance wants immediate access to films with global appeal, and Linde as the former co-chairman of Universal Pictures and before that Focus Features has a great track record as a top executive able to shepherd the production and distribution of films at both the studio and independent levels. Reliance also believes that Lava Bear’s production and operating strategy will be complimentary to the other investments Reliance has made in companies like DreamWorks and IM Global. At the same time this deal is underway, Linde is finalizing a first-look arrangement with his old employer Universal Pictures for all domestic, and certain international distribution, rights to Lava Bear films. The Reliance and Universal partnerships will be combined with output agreements with key independent distributors internationally. So Linde is creating global film production, financing, and distribution. Good for him. Everyone in Hollywood knows he’s a great piece of manpower and was unnecessary collateral damage (because of strong loyalty and bad luck) when Universal targeted his then Uni co-chair Marc Shmuger for firing.

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Reliance & CBS To Launch TV Channels In India

By NELLIE ANDREEVA | Wednesday August 18, 2010 @ 7:39am PDTTags: Reliance ADA Group
Nellie Andreeva

Mumbai – August 18, 2010 — Reliance Broadcast Network Limited (RBNL), part of the Reliance Anil Dhirubhai Ambani Group, and CBS Studios International, a division of CBS Corporation, today announced their equally owned joint venture. The Joint Venture Company (the “JVCo”) will be a limited liability company incorporated in

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Reliance Bringing Universal Studios Theme Parks To India?

By MIKE FLEMING JR | Friday July 30, 2010 @ 4:13am PDTTags: Marvel Comics, Reliance ADA Group, Spider-Man, The Hulk, Theme Parks, Universal Islands of Adventure, Universal Studios, Wall Street Journal
Mike Fleming

The Wall Street Journal reports that Reliance ADA Group is negotiating with Universal Studios to replicate its  movie-themed amusement parks in India. The result would be a $1.5 billion new park that covers 400 acres –in either New Delhi or … Read More »

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