MID-EAST BILLIONAIRES GIVE US BACK SOME OF OUR MONEY "Flush with cash, Abu Dhabi is spreading its wealth around the movie biz. The Abu Dhabi Media Co. is launching Imagenation, a production outfit with $1 billion to spend on developing, financing and producing feature films over the next five years in partnership with three American producers. Media reports today say the company has a mandate to produce eight features a year for the worldwide marketplace with a majority of the titles in the English language and targeted to mainstream audiences."

Sep 3, 2008 · posted by Cord Jefferson, MollyGood · Link · Respond
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