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Reliance Entertainment

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Reliance Entertainment
Company typeSubsidiary
IndustryMedia
Founded2005
HeadquartersMumbai, Maharastra, India
Key people
Anil Ambani, Chairman
ProductsRadio, Movies, Movie Rental
ParentReliance Anil Dhirubhai Ambani Group
WebsiteOfficial Website

Reliance Entertainment (formerly known as Reliance BIG Entertainment) is a wholly owned subsidiary of the Reliance Anil Dhirubhai Ambani Group handling its media and entertainment business, across content and distribution platforms.

The key content initiative are across Movies, Music, Sports, Gaming, Internet & mobile portals, leading to direct opportunities in delivery across the emerging digital distribution platforms: digital cinema, IPTV, DTH and Mobile TV.

History

Reliance ADA Group acquired Adlabs Films Limited in 2005, one of the largest entertainment companies in India, which has interests in film processing, production, exhibition & digital cinema.

Reliance BIG Entertainment made an entry into the FM Radio business through Adlabs Radio Big 92.7 FM. Having won 45 stations in the bidding, BIG 92.7 FM was India’s largest private FM radio network with 12 radio stations across the country as on 28 February 2007, with more being launched in the following months.

Big Cinemas is India’s largest cinema chain with over 516 screens spread across India, Nepal, US, Malaysia and Netherlands. The chain caters to over 35 million consumers. BIG Cinemas has established leadership in film exhibition in India with 253 screens and accounts for 10 to 15% of box office contributions of large movies.

Subsidiaries

RMW Studio

Reliance MediaWorks (RMW) studio, spread across seven acres, will have eight stages built to stringent acoustical and structural specifications.

It has already attracted Hollywood's attention. Legendary filmmaker Oliver Stone, who got a preview of the studio during his visit, had said, "After what I have seen here, there is a possibility of me coming back to make a movie here, after all." Films such as Chronicles of Narnia and Mission: Impossible – Ghost Protocol (in which the Vancouver Convention Centre in Canada will stand-in for India) can now be shot at RMW studios. J Scott Carter of Los Angeles-based Wylie-Carter Architects, which is building the facility, says, "RMW's expanding global capabilities allow 24/7 production partnerships with the best producers in the business, and direct digital tie-ins with production teams in Europe, Asia, and North America." Reliance MediaWorks has already spent over 100 crore on the first phase of the studio, which has three super silent 'sync sound' capable stages.

Productions

International Cinema

Latest happenings

  • The company forayed into the largely untapped video rental market in India by launchingBIGFlix.[4]
  • The company plans to launch TV Channels.[5]
  • On 15 July 2009, Reliance Big Entertainment and Steven Spielberg announced a joint venture with a funding of $ 825 million.[6]
  • Recently, Big 92.7 FM launched a radio station in Singapore considering 8% of the population residing there is Indian.[7]
  • On May 28, 2010, they achieved the first ever Bollywood cross-over into the Hollywood Box Office market in the opening weekend "Top Ten" list after releasing Kites.
  • The studio is co-producing director Steven Spielberg's upcoming film War Horse which is due for worldwide release in Christmas. Many other future projects from the director also have Reliance Entertainment as a major producer.[9]
  • In January 2012, it was announced that Reliance DreamWorks movies garnered 11 Oscar nominations.[10]

References

  1. ^ "Talenthouse". Retrieved 14 April 2013.
  2. ^ "Sahasam in May end". idlebrain.com. April 11, 2013. Retrieved April 12, 2013.
  3. ^ "Nagarjuna fights at Aluminium Factory". 123telugu.com. Retrieved July 17, 2013.
  4. ^ "Anil Ambani eyes video rental business". Anil-ambani-news.newslib.com. Retrieved 2012-01-24.
  5. ^ "Anil Ambani to launch 20 TV channels". Anil-ambani-news.newslib.com. Retrieved 2012-01-24.
  6. ^ Anil Ambani meets Spielberg; to provide Rs 4,000 cr for films The Economic Times.
  7. ^ "Anil Ambani Group launches radio station in Singapore DNA". Dnaindia.com. 2008-06-24. Retrieved 2012-01-24.
  8. ^ Hinkle, David (2010-04-05). "Reliance Big Entertainment acquires 50% stake in Codemasters". Joystiq. Retrieved 2010-08-02.
  9. ^ Posted: Tuesday, Jun 24, 2008 at 1314 hrs IST (2008-06-24). "Reliance, Spielberg in talks over $2 bn movie venture". Financialexpress.com. Retrieved 2012-01-24.{{cite web}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)
  10. ^ "Reliance Dreamworks movies garner 11 Oscar nominations - The Economic Times". Economictimes.indiatimes.com. 1970-01-01. Retrieved 2012-01-24.