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MUMBAI: Anil Ambani-controlled Adlabs Films Ltd is entering into
production of Hollywood movies through AshoK Amritraj's Hyde Park
Entertainment Group.
"We will be making Hollywood
movies only with Hyde Park Entertainment. The first co-financed movie will start
production in the next 2-3 months. We are finalising the investment details. We
are also working out other movie projects," says Adlabs Films chairman and
managing director Manmohan Shetty. The signing of the co-production,
film financing deal with Hyde Park Entertainment Group comes after Adlabs Films
has set up offices in UK and US. Though distribution of Bollywood movies will
form the primary business activity, the overseas operations will also explore
opportunities in film production and post-production activities.Adlabs plans
to distribute 18-24 films overseas this year and has some of the biggest films
lined up for release in the coming months, like Rakesh Roshan’s Krrish,
Sajid Nadiadwala’s Jaanemann, Ravi Chopra’s Babul and
Mani Ratnam’s Guru. Hyde Park Entertainment,
a production, financing and international sales company privately held by American
film producer Amritraj, is planning to establish a foothold in India and is in
talks to form a joint venture with an Indian animation company. | 
