MUMBAI: Soon after tying up the funding, Reliance Big Entertainment and Steven Spielberg’s DreamWorks Studios are readying their film production pipeline.

The first three movies to roll out are I Am Number 4, Pirate Latitudes and Harvey. They are a mix of adventure and play adaptations.

"With the backing of Reliance, we are able to continue developing our slate and producing films for the worldwide movie-going audiences," said DreamWorks Studios co-chairperson and CEO Stacey Snider.

I Am Number 4 is based on an eponymous novel co-written by James Frey and Jobie Hughes, which might be helmed by Transformers director Michael Bay. Spielberg is planning to produce and direct Pirate Latitudes, developed out of a posthumously published novel by Michael Crichton. Spielberg had developed Crichton’s “Jurassic Park" into a movie.

“Michael Crichton was one of our greatest storytellers who expanded all of our imaginations with his books, films, and television,” said Spielberg. “With the ‘E.R.’ series and Jurassic Park series, I enjoyed one of the best collaborations of my career. Now with “Pirate Latitudes,” I and all of us at DreamWorks have the chance to be excited about bringing this new Michael Crichton work to the screen.”

As reported in Indiantelevision.com, DreamWorks and Reliance Big Entertainment have locked their first phase of financing, sealing an amount of $825 million that would allow the joint venture to make six films annually.