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Monday, July 09, 2007
Shah Rukh Khan's Red Chillies Entertainment, which has been investing heavily in assembling a world class team of VFX professionals in Bombay, is set to get a whopping $30 million investment from entertainment colossus Walt Disney Pictures.
According to reports, representatives of Walt Disney Pictures met SRK with an offer during his recent holiday in London. "Walt Disney has plans of investing $30 million in the first phase of their partnership tenure...other international companies like Sony Pictures and Rupert Murdoch's company had also shown interest in investing in Red Chillies Entertainment. Although SRK hasn't confirmed the deal yet, it might be interesting if he decides to do so," says a source.
Bobby Chawla, Shah Rukh's manager was guarded when asked to confirm the report.
"I don't want to comment on this subject. I only know that Walt Disney officials had met Shah Rukh, but I am not too sure what happened after that."
SRK has been investing heavily in assembling a world class VFX team that currently consists of 40 professionals but is likely to grow rapidly in the days ahead.
Before leaving for his recent vacation in London SRK has leased a property in the Lokhandwala area of Andheri (West) which has enough office space to support the 300 professionals that the company eventually plans to hire.
In the past the VFX team has worked on Main Hoon Na, Paheli and more recently, Don. Currently it is working on TV commercials and Farah Khan's film, Om Shanti Om.