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Hollywood Goes Bollywood: L.A. and Indian Producers Form Film Council

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India continues to make inroads in Hollywood by investing in such companies as DreamWorks and IM Global

However, it remains to be seen what the practical results will be of a signed cooperation pact between the city of Los Angeles and the Indian film industry.

At press conference on the Paramount lot attended by Paramount chairman Brad Grey, the MPAA’s Bob Pisano and an Indian delegation including Hindi producer Bobby Bedi, said

“Hollywood and Bollywood are two industries that are economically robust and represent significant economic and cultural interests of their respective countries. India has always held a fascination for Hollywood, and this agreement pulls us closer together with the aim of sharing ideas and best practices on domestic and international film production.”

Read the full story here >>

via Indie Wire

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