Spielberg secures Reliance funding

September 19, 2008 In a related transaction, JPMorgan Securities will lead a bank loan syndication giving Spielberg another $500 million or more for a total $1 billion-plus to re-create DreamWorks as a private company, allowing it to sever its current ties with Paramount. Steven is one of the world's great storytellers and a legend in the motion picture business. Par also appeared anxious to stress that the loss of the DW creative talent won't crimp its production pipeline too severely.

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