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Our Bureau

Mumbai, June 15

Adlabs Films Ltd is entering into mainstream Hollywood.

The Anil Ambani Group company has informed BSE that it has entered into a co-production, film financing deal with Hyde Park Entertainment Group, a production, financing and international sales company promoted by Mr Ashok Amritraj.

Adlabs Films Ltd has earlier set up wholly owned subsidiaries in the UK and the US for its overseas distribution of Indian films, film co-production and post production business.

Mr Amritraj had announced at Frames 2006 that his company, Hyde Park Entertainment Group, was looking at tie-ups with Indian companies for producing films.

Shares of Adlabs moved up by Rs 14.75 to Rs 204.20 on BSE.

More Stories on : Alliances & Joint Ventures | Cinema

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