The award-winning filmmaker is on a two-day trip to India.
While making the announcement, Anil Ambani, chairman of ADAG, said, the partnership with Spielberg and Snider is the cornerstone of the company's Hollywood strategy.
The credit crunch means that even a superstar director has to accept some pretty stiff financial terms.
The filmmaker talks about his new film Real Steal starring Hugh Jackman.
Budget to match that of smash-hit sci-fi Avatar, the most expensive movie made till date.
Anil Ambani's Reliance ADA Group formalised its association with DreamWorks Studios promoted by Hollywood director Steven Spielberg and his partner Stacey Snider.
Industrialist Anil Ambani on Wednesday made his debut in Hollywood film production, roping in ace directors Steven Spielberg and Stacey Snider for a joint venture where he would initially pump in Rs 4,000 crore (Rs 40 billion).
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