Hollywood Studios International signs strategic co-production deal with Bollywood's Carving Dreams Entertainment
June 11, 2007 (Dubai, UAE) Hollywood Studios International CEO Steven Saxton announced today that the company has signed a multi-picture co-production deal with Carving Dreams Entertainment. Carving Dreams has established itself as one of Bollywood's premiere artist management and production companies. CDE's clients include Kajol, Ajay Devgan, Hrithik Roshan, Bipashu Basu, Irrfan Khan, Isha Sharvani, Sikandar. The deal was structured in Dubai by Saxton along with HSI's Executive Director in Dubai, Dr. Mohammed Samir, and Carving Dreams Co-Founders, Afsar Zaidi and Neeraj (Bunty) Bahl.
The deal will see both companies mutually developing and producing multiple films in English with major Bollywood stars playing alongside Hollywood talent. Projects currently being developed will be filmed in India, the Middle East, and Europe as the Hollywood debut for many major Bollywood stars.
Announcing the deal, Saxton said, "We are very pleased to be partnering with Carving Dreams for this exciting initiative. This association gives us the opportunity to not only create movies for global audiences but also build a bridge between Hollywood and Bollywood."
CDE's Co-Founder Bunty Bahl agreed "The deal will also offer us the opportunity to enhance our relationships with Hollywood talent agencies. We are looking forward to a wonderful partnership that will add a new dimension to our film industry."
Perhaps foreshadowing the future of international content creation, Saxton announced plans that the films will be simultaneously shot in both English and in Hindi.
"The Indian film industry is going through an explosive growth phase. This venture extends an amazing opportunity to produce great movies with a venerable partner and then to have those movies reach an extensive audience. With both our artistic sensibilities and commercial instinct combined with marketing and distribution expertise, the prospects of this collaboration are extremely exciting."
About Carving Dreams Entertainment
Carving Dreams Entertainment (CDE) is a leading talent agency and entertainment company with its headquarters in Mumbai, India and offices in London and Dubai. Celebrity, film and entertainment properties are at the very core of Carving Dreams. Their key strength lies in creating the right associations between these properties and corporate brands such as Coca-Cola and Sony Ericsson so as to derive maximum value. Carving Dreams Entertainment was formed in 2005. Their lines of business include artist representation, entertainment consulting & marketing, live shows and film & motion picture production. Carving Dreams Entertainment's client list includes a roster of established talent as well as the future stars of tomorrow. CDE's talent includes:
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Kajol - One of the most successful actresses in the Indian film industry, Kajol is often referred to as the only female actor who could carry an entire film on her shoulders. |
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Ajay Devgan - Ajay is regarded as one of the most versatile actors in the Indian film industry. Winner of two National Awards and several other prestigious felicitations, Ajay continues to deliver brilliant performances. |
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Hrithik Roshan - With a powerful debut in the year 2000's biggest film, "Kaho Naa Pyaar Hai," Hrithik was instantly catapulted to A-list stardom, and has remained among the top three actors in the industry ever since. |
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Bipasha Basu - Coming from a background as a Ford model and making the leap to become a credible mainstream actor with thirty-five movie credits so far. |
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Irrfan Khan - His big break came when he was cast as the lead role in director Asif Kapadia's, "The Warrior." The film was a rage at international film festivals making Irrfan Khan a noticed actor. He also impressed international movie goers with his stellar performance in Mira Nair's "The Namesake." |
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Isha Sharvani - She made her acting debut with Subhash Ghai's "Kisna," and has gone on to become one of the most promising new actresses in the industry. |
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Sikandar - Son of Kirron and Anupam Kher, two of the finest actors in the industry, talent is one thing Sikandar need not worry about. Sikandar will make his debut with Sanjay Gupta's "Woodstock Villa," followed by two more feature bookings. |
About Hollywood Studios International
Hollywood Studios International (www.hsifilms.com), an entertainment holding company, exists to create award-winning entertainment which succeeds both artistically and commercially through the inherent synergies of combining elements of a traditional studio system with the structure of artist management. The Company has recently completed a financial audit and is filing the appropriate paperwork to begin trading in the US (OTC: HYWS). Current subsidiaries and divisions include Artist International Management, Doc Hollywood Kidz, Doc Hollywood Records, and Bop City Records. The Company is currently structuring the financing for the acquisition of a feature film production/international distribution company.
Forward-Looking Statements:
This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Hollywood Studios International believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by the Company or any other person that the objective and plans of the Company will be achieved.
Steven Saxton, Afsar Zaidi, Dr. Mohammed Samir, and Neeraj (Bunty) Bahl
