Yes you read that correct, from a casual browsing of some movie related news I landed upon a news that caught my eye. India’s Reliance ADAG or Reliance Anil Dhirubhai Ambani Group was in talks with DreamWorks to form a new studio with the DreamWorks’ co-founder Steven Spielberg. Spielberg founded DreamWorks in 1994. Since Paramount now owns DreamWorks, Reliance and Mr. Spielberg will form a new studio, IF the deal does work out. According to the various sites which carried the news, the new group will get most of its money from Reliance ADAG. Its ofcourse a great event in the history of film making becaue the biggest filmmaker in Hollywood would be teaming up with the biggest company in India. Reliance ADAG is already involved in the entertainment business with Adlabs, Big 92.7 fm and BigFlicks to name a few. And the teaming up with Steven Spielberg will do wonders, as both Steven Spielberg and DreamWorks need no introduction. They have made some well known movies like Saving Private Ryan, Minority Report, War of the Worlds and Transformers to name a few. So if the things work out, the upcoming Transformers: Revenge of the Fallen could well be under the new group.