Financial Times FT.com

Hollywood theme park scripted for India

By James Fontanella-Khan in Mumbai

Published: July 30 2010 20:05 | Last updated: July 30 2010 20:05

Anil Ambani’s entertainment group has entered exclusive talks with Universal Studios to create India’s first film-themed amusement park in a move by the Indian billionaire to bring the magic of Hollywood to Bollywood.

Universal executives travelled to Mumbai to meet Mr Ambani’s Reliance Big Entertainment and are close to signing an agreement to build a $1.5bn resort based on the films produced by the Hollywood studio arm of NBC, according to people familiar with the negotiations.

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