Anil Ambani Too Late To Reap “Tintin” Reward

Posted on Nov 14, 2011 in Business, India, Movies | 0 comments

Ambani purchased half of Dreamworks in a 2009 deal to provide $325 million in financing on future projects. The company owns the rights to distribute in India any movie that Steve Spielberg’s Dreamworks studio makes. The problem is that Tintin was in the works before 2009, and a co-production deal between Dreamworks, Columbia Pictures and Paramount was signed in 2008. Ambani has no rights to the roughly $125 million that Tintin has brought in from the box office.

No related posts.

Read Article>>