Even before a deal to bankroll Steven Spielberg and David Geffen’s new studio has closed, India’s Reliance ADA Group is now on the hunt for U.S. mobile content publishers including game makers, according to the Wall Street Journal.
“The thought is to build a distribution model across the world,” Rajesh Sawhney, president of Reliance Entertainment, a unit of Reliance ADA, told the Journal. “For the content we’re acquiring now, we want to exploit it globally.”
Reliance hired Silicon Valley consultants VSC Consulting to scout out targets. The Mumbai-based conglomerate is also seeking to license content from big producers. This all comes on the heels of signing deals with eight Hollywood production house run by the A-listers George Clooney, Tom Hanks and Brad Pitt.
The latest suggests Reliance has cast its gaze beyond Hollywood.
Keep an eye on:
Beijing Olympics attract record viewers. (Reuters)
China TV companies are expected to pay at least 10-times more for the rights to broadcast the Olympics. (FT)
Hulu reaches 105 million video streams in July. (paidContent) Hulu selects Crispin Porter + Bogusky. (AdWeek)
(Photo: Reuters / Reliance ADA Chairman Anil Ambani)