The MoU was signed during the India visit of Russian President, Dmitri Medvedev, a press release issued here today stated. Russian World Studios is one of the largest private film companies in the Russian market and has produced several projects, both for TV and the big screen.
'Making a film -- good or bad -- is extremely hard work, involving hundreds of people and at least two years from idea to release. When the audience rejects it, it is known to push makers into depression. And then there is the danger of theatres stopping the screenings after week one if footfalls don't improve.'
The strategic alliance between the two companies would address the rapidly growing demand of Hollywood studios for converting both new films shot in 2D as well as older film released in cinemas and on home platforms into the 3D format, Reliance MediaWorks said in a filing to the Bombay Stock Exchange.
The strategic alliance between the two companies would address the rapidly growing demand of Hollywood studios for converting both new films shot in 2D as well as older film released in cinemas and on home platforms into the 3D format, Reliance MediaWorks said in a filing to the Bombay Stock Exchange.
Reliance's network includes the wide reach of IM Global,
Here's looking at pictures from the event.
'In the audience's mind there is no urgency to go see a film in the theatre.' 'If you pay for social media buzz it does not convert into bums on seats.'
Anil Ambani-promoted multiplex chain may sell stake to the Mexico-headquartered global giant
A non-strategic investor like Poonawalla brings in not only capital but also creative freedom. Indian cinema needs more investors like him, reports Vanita Kohli Khandekar.
'What is Balaji without Ekta (Kapoor), what is Dharma without Karan (Johar?)'
Watch stars dazzle at the red carpet.
A look at the star arrivals.
Culver Max Entertainment, formerly known as Sony Pictures Networks India (SPNI), has terminated merger agreements with Zee Entertainment, which could have otherwise created a USD 10 billion media enterprise in the country.
Participant Media led by Jeff Skoll and Entertainment One, a leading US-based media company, are also part of the joint venture.
Amazon Prime Video has announced 69 assorted Web series and movies, and the slate sure looks interesting.
Prime Minister Narendra Modi is likely to urge Tim Cook to begin manufacturing its prized iPhones in India.
Meet the man behind MS Dhoni: The Untold Story.
Network18 founder Raghav Bahl is all set to launch his new venture.
'The IPL is by the biggest sports property in the country and having it will give any digital video player an edge.'