Financial Times FT.com

Spielberg’s DreamWorks raises $825m

By Andrew Edgecliffe-Johnson in New York and Matthew Garrahan in Los Angeles

Published: August 18 2009 00:17 | Last updated: August 18 2009 00:17

Steven Spielberg first went to India more than 30 years ago to film Close Encounters of the Third Kind. “I remember driving from the hotel to the location through Bombay and there were movies being shot on every corner,” he recalls.

The celebrated Hollywood director behind Jaws and Schindler’s List could not have imagined that he would one day become a symbol for Bollywood’s global expansion.

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