From Hollywood to Bollywood and back

[Joelle]

From Hollywood to Bollywood and back
      


U.S. investors are flooding into India’s entertainment industry even as Indian moguls send money over to Hollywood.
 
While the credit crunch has stalled private investment in Hollywood films, U.S. financial firms are looking to tap into the 17 percent annual growth enjoyed by the Indian media industry.
 
India’s Economic Times reported investors including Blackstone, Goldman Sachs and Lehman [...]
         

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