Reliance Big Entertainment

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Mahesh Patil

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May 18, 2008, 3:58:27 PM5/18/08
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Reliance Big Entertainment today announced plans to produce movies involving Brad Pitt , Jim carrey and Tom Hanks.
Each movies will be produced by individual production houses co- financed by Big Entertainment.
 
Reliance Big Entertainment to produce 69 films this year. Majority of them are through leading directors and production houses.
Reliance Big Rntertainment has plans of launching IPO later on.
 
Reliance Big Entertainment , the entertainment arm of ADAG has been in news for stake sale valuing the company at 20000 crs.
Its said that the company is going to divest 10% stake to PE Investors.
So could it lead to an IPO eventually ? Most probably you can expect another listing from ADAG next year.


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Thanks & Regards
Mahesh
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