Spielberg's Bollywood Wedding

Spielberg's Bollywood Wedding

Steven Spielberg is no stranger to India. He shot part of Close Encounters of the Third Kind here in 1977 and the second Indiana Jones installment was set in a temple and dungeon complex in colonial-era India. (The movie was initially banned in India by angry politicians who said it perpetuated negative stereotypes.) Now Spielberg may be going back to the subcontinent — not for a new movie but for cash, thanks to a reported tie-up with Reliance Big Entertainment, part of the sprawling conglomerate run by Bombay-based billionaire Anil Ambani. The deal, first reported by the Wall Street Journal last week, would see Reliance providing between $500 million and $600 million to Spielberg's Dream works SKG, financing that would allow Dream works to split from Viacom Inc's Paramount Pictures.