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Studio Babelsberg announces intentions to back US studio slate

Studio Babelsberg has revealed plans to invest '$500m or more' in a slate of features by an as-yet-unnamed US major studio to secure more Hollywood productions coming to shoot at the studios.Last year the production centre had hosted such big budget productions as Speed Racer, Valkyrie and The International and is currently serving as a co-producer on Stephen Daldry's

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