Reliance ADA to Spend $1 billion in Hollywood

Reliance ADA to Spend $1 billion in Hollywood

It is Bollywood area but we have some news which is related to Hollywood but yet about Indian's foray into Hollywood. Yes, Reliance Big Entertainment, the media and entertainment company of the Reliance ADA Group,  will provide development funds to eight Hollywood production houses. Those houses includes Nicolas Cage's Saturn Productions, George Clooney's Smokehouse Productions, Tom Hanks's Playtone Productions, Brad Pitt's Plan B Entertainment and Jay Roach's Everyman Pictures, Jim Carrey's JC 23 Entertainment, Chris Columbus's 1492 Pictures.

So what does all this means? It simply means that ADA group is going to produce films of Hollywood however, they will not interfere in anything else apart of fundings. As per news, the amount to be spent will be more than $1 billion.