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DreamWorks closes investment deal with India's Reliance

The long-in-the-works deal between DreamWorks and Mumbai-based media conglomerate Reliance closed today [September 19], paving the way for Steven Spielberg, David Geffen and Stacey Snider to leave the Paramount fold following a difficult relationship.Paramount waived any requirement for DreamWorks executives and staff to stay at its Melrose Avenue headquarters in a move that allowed Spielberg and his cohorts to begin their new life immediately. It remained unclear whether Geffen ...

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