Mumbai, the Big Apple and Tinseltown rolled into one city, is experiencing an economic boom that is fueling its fast-evolving film industry, the world's largest, with twice the movie output of Hollywood.
George Soros paid $100 million for a stake in Reliance Entertainment, an Indian film production house. Last year, Sony Pictures Entertainment cut a multimillion-dollar investment deal with Indian entertainment conglomerate Eros International, which last year released "Saawariya," the first big-budget Hindi movie financed by Hollywood.
Sunday, March 9, 2008
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