Good article in the WSJ about Bollywood bringing capital into Hollywood (mainly India's Reliance Big Entertainment to invest in DreamWorks).
One of my entertainment attorney's Mark Litwak is quoted in the story...
Foreign financiers are one set of investors who have knocked on Hollywood's door for years, trying to make money by financing films -- a nearly impossible task. "Frankly, most movie deals don't make a lot of financial sense because while some films make money, most films either break even or lose money," said Mark Litwak, an attorney who works on film financing.
Click here to read entire piece.
-Blake
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Who Am I?
I also created the Streamy and Webby award-winning web series PINK, which to date has been viewed online around 10 MILLION times at places like YouTube, Hulu, Koldcast and TheWB.com. And speaking of TheWB.com, I also produced and directed an online thriller for them called EXPOSED. It was released summer 2010. And most recently I created a new online sci-fi series called CONTINUUM, which is part of the online indie TV network JTS.tv - Just The Story and NOW available via VOD through indie platform Distrify.
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