Reliance Big Entertainment to spend $1 Bn on films
"It is a noteworthy collaboration," said Sidhwani.
The company has also forayed into Big Broadcasting, Big 92.7 FM and Big DTH and IPTV. Its new media companies include Zapak (India's number on online gaming portal), Big Adda (social networking site), Jump Games (moble games) and Big Flix (movie rental and download service).
Reliance Big Entertainment is set to open offices in Southeast Asia, the Middle East and Australia and also in major cities in India.
The Reliance group, which also has 160 operating screens in India, is likely to increase the number to 400 screens by end-2009.
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