The Indian giant is understood to be pledging a second round of capital but the studio will narrow its focus to three to five tentpoles a year, according to a report in the New York Times.
Reliance invested $325m into the studio in 2009 and is believed to be committing in the region of $200m this time. A consortium led by JP Morgan Securities matched the first contribution back in 2009.
DreamWorks declined to comment for the record, however the development comes after the first wave of films produced mixed results at the box office. They included Cowboys & Aliens, Fright Night, The Help (pictured), War Horse and Real Steel.
DreamWorks’ 2012 line-up features dramas People Like Us and Steven Spielberg’s eagerly anticipated Lincoln, which stars Daniel Day-Lewis in the title role and is expected to be a major awards contender.
Studio principals Spielberg and Stacey Snider will be free to set up co-financing structures with other entities. The 2013 release Robopocalypse is being made in partnership with Fox.
Disney’s arrangement to distribute the DreamWorks slate will remain unaffected.