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Anil Dhirubhai Ambani, chairman of the Reliance Anil Dhirubhai Ambani Group, the parent company of Reliance Big Entertainment and Reliance BIG Pictures along with Steven Spielberg and Stacey Snider, the principal partners of DreamWorks Studios jointly announced today the completion of the first phase of funding for their new motion picture company, based in Los Angeles, California. They further announced that J.P. Morgan Securities arranged the syndication of approximately $325 million of senior debt which Reliance Big Entertainment is matching with its equity commitment. The Walt Disney Studios, who will handle marketing and distribution for the studio, will also extend a loan to DreamWorks as part of the distribution deal. The debt financing was led by J.P. Morgan, who brought together other lenders to set-up DreamWorks with its first wave of funds. Participants include: Bank of America, City National Bank, Wells Fargo, Comerica, Union Bank of California, SunTrust, California Bank & Trust, and Israel Discount Bank. Anil Ambani said: ''Our partnership with Stacey and Steven is the cornerstone of our Hollywood strategy as we grow our film interests across the globe. Given our faith in the business plan that they presented to us and despite the current economic climate, we were always confident that this day would come. Now Stacey and Steven can focus on producing more of the great films for which they are renowned. ''This will allow us to move ahead quickly into production with our first group of films, said Stacey Snider and Steven Spielberg in a joint statement. We wish to thank Anil personally for his foresight and fortitude over the past months. We congratulate J.P. Morgan for their leadership in attracting this funding during today's most challenging financial environment. Our thanks also to our distribution partner Disney who we look forward to working with in getting our movies out to the global audience.'' Joining Stacey Snider and Steven Spielberg on DreamWorks' Board of Directors on behalf of the Reliance ADA Group are Amitabh Jhunjhunwala, Vice Chairman, Reliance Capital, and J.P. Morgan's Alan J. Levine. Alan J. Levine of J.P. Morgan Entertainment Advisors led the Reliance team in structuring the capital and business plan for the company. Schuyler Moore at Stroock & Stroock & Lavan was Reliance's counsel. DreamWorks was advised by Skip Brittenham at Ziffren Brittenham LLP, Bruce Ramer and Harold Brown at Gang, Tyre, Ramer & Brown, and Cravath, Swaine & Moore. John Miller and David Shaheen at J.P. Morgan Securities led the senior debt syndication. ''It took great dedication over many months to turn our vision for this company into a reality,'' said Jeff Small, President and Chief Operating Officer of DreamWorks Studios. ''The time spent by everyone navigating the changing economic waters allowed us to make the most responsible deal for DreamWorks and ensure that our partnership with Reliance, from the very beginning, was built on solid ground. We appreciate the faith our bank group has in our business plan and look forward to a long and fruitful relationship with them.'' DreamWorks has a long-term distribution deal with The Walt Disney Studios which will market and distribute approximately six live-action films a year for the company, except for India where Reliance Big Entertainment will retain distribution rights. The first release under Disney's Touchstone banner is expected in 2010. Among the first films in the pipeline are one on civil rights leader martin luther king for which Spielberg has already obtained the rights, and a remake of the Hollywood classic HARVEY that stars James Stewart and an invisible giant bunny. Some of the other films include 39 CLUES, COWBOYS AND ALIENS, DINNER FOR SCHMUCKS, MOTORCADE and HEREAFTER in a mix of genres including thrillers, action, comedy and family drama.
The positive thing is: The Show was centrally located at: The Premiere Reggae spot - Caribbean Grill in Dallas, making it easy for the fans to find. The night as we have come to know was Texas hot!!! The DJ's played a solid set. Local Artist such as Singing Kumba was in the house, always pleasant to see him. Singing Kumba brings always the sunshine with him; positive Rasta vibes even though he did not perform. The house was packed!!! This is also a good indication that Reggae in Dallas is getting back its Reggae Grooves. Last but not least is; Freddie Mcgregor came out and mingled with the crowd, both before the show and after: for me a strong fan advocate, Freddie surely gets an A-1 for this. It shows the respect for those who came out to bless up the place.
Hi, i don't answer reggae song Ramer questions, i did put a big sign on my profile to tell people this but will always help if i can. I'm not sure who the artists is but the lyrics sound very familiar, them words where used by lots of dancehall artists at the time, if u can give me some more words from the song then i might be able to help, the words "Diddly Diddly" would probably indicate it being Eek-A-Mouse althought others did use them words, if u have anymore lyrics then i may be able to id exactly who it is. U can tell right away if it's eek-a-mouse by the funny sounding voice he has and he always adds in his songs the lyrics usually something like: "Biddy Biddy Bong Bong" and "ay-ya" Also i know billy boyo did a song with "under the ocean over the sea, all the girls come a rock wid me", something like that! wicked tune!
You should listen to the song "safe and sound" by rebelution you might like it