Bollywood Busts Out

Morais, Richard C.
February 2009
Forbes Asia;2/16/2009, Vol. 5 Issue 2, p78
The article reports that Hollywood is increasingly getting attracted to the motion picture industry in India. In September 2008, film producer Steven Spielberg officially dropped his longstanding ties with Paramount for a $1.5 billion deal with Indian billionaire Anil Ambani. Disney, meanwhile, has for the last year been systematically buying into India's UTV. It reports that low production costs is one reason Hollywood is attracted to India.


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