India's Reliance MediaWorks Stakes a Claim in Hollywood

Interesting development from theWrap concerning Reliance. They have the financial resources to do whatever they want. This is not to be confused with "Prime Focus," which is another Indian-based company that tried to enter the movie business by buying post house Post Logic and performing the 2D/3D conversion on "Clash of the Titans." Reliance has tried to offer finishing services in the past through Lowry Digital. As you may recall, Lowry bid to do the finishing work on Social Network.

The India-based Reliance MediaWorks -- a division of the media giant Reliance Group that has funded DreamWorks -- is moving its headquarters to Los Angeles and looking to expand within the industry in production services. 

Having surged to $200 million in revenue in the past several years, the company is focused on growth and on getting attention in the United States. Arjun believes that MediaWorks could double its revenue again in the next two years