Hindi
Spielberg to raise $1 billion for DreamWorks
MUMBAI: Steven Spielberg aims to raise over $1billion in third-party financing to recreate DreamWorks as a separate company that reacquires ownership of films.
Spielberg wants to reestablish DreamWorks as a studio that owns the movies it makes. Currently, DreamWorks is a unit of Paramount Pictures, a subsidiary of media conglomerate Viacom. DreamWorks was acquired by Paramount in 2005.
Earlier, Spielberg was supposed to grant the distribution rights to Universal who lost the acquisition in 2005. But on the recommendation of his advisers, Spielberg will allow a bidding effort among studios for the acquisition of distribution rights of future DreamWorks movies.
From 1 May Spielberg‘s personal contract with Paramount allowed him to discuss potential offers for his services from rival studios. And since then Spielberg and DreamWorks chairman David Geffen and attorney Skip Brittenham have held several meetings with studio suitors and financiers.
Major studios include Universal, Disney and Fox. Spielberg‘s contract is valid until 2010 but he can terminate it early at year‘s end. Snider and Geffen have similar clauses in their deals with Paramount. However, Paramount owns “Transformers” and other films produced by DreamWorks while it was housed at the studio which could lead to conflicts regarding rights between Spielberg and Paramount.
DreamWorks-produced movies have helped fill distribution pipelines at Paramount. The loss of such content would put severe demands on remaining production executives.
But this summer, Paramount has been a distributor in high-profile releases, such as the Lucasfilm-produced Indiana Jones and the Kingdom of the Crystal Skull, the Marvel-produced Iron Man and the DreamWorks Animation-produced Kung Fu Panda.
Hindi
Kridhan Infra enters film production with AI-led feature film
Infra firm debuts AI-powered film marking RSS centenary
MUMBAI: Kridhan Infra Limited is swapping hard hats for headsets. The infrastructure company has announced its entry into film production and media technology through its subsidiary, Kridhan Mediatech Private Limited, with the nationwide theatrical release of Shatak: Sangh Ke 100 Varsh, an AI-led feature film.
With Shatak, the company is not just stepping into cinema but staking a claim in what it describes as one of the world’s early full-length AI-driven feature films. Artificial Intelligence has been embedded across the creative and production process, from script visualisation and environment creation to modelling and production design.
The film commemorates 100 years of the Rashtriya Swayamsevak Sangh, tracing defining moments, personalities and historical phases that shaped its journey. By combining archival storytelling with algorithm-powered creativity, the project attempts to blend heritage with high technology.
For Kridhan Mediatech, this is only the opening scene. The subsidiary’s broader ambition spans AI, CGI, virtual production systems and scalable content models for both theatres and digital platforms. The move signals a strategic diversification for Kridhan Infra, traditionally rooted in engineering and construction.
The timing aligns with India’s growing push to become a global AI powerhouse. At the 2026 AI Impact Summit, prime minister Narendra Modi urged innovators to design in India and deliver to the world. Kridhan Mediatech’s initiative positions itself squarely within that narrative, aiming to export technology-enabled storytelling beyond domestic audiences.
India’s media and entertainment industry, valued at over Rs 2.5 lakh crore, alongside a rapidly expanding AI economy projected to cross Rs 1.4 lakh crore in the coming years, offers fertile ground at the intersection of cinema and code.
“With Shatak, we proudly present one of the world’s first AI-led full-length feature films while marking our strategic entry into film production and media technology through our subsidiary,” the company said in a statement. “Our vision is to combine India’s rich narrative heritage with forward-looking innovation. This is just the beginning of building globally competitive, technology-enabled cinematic experiences.”
From infrastructure to imagination, Kridhan’s latest venture suggests that in today’s India, even storytelling can be engineered.
