De Laurentiis plans to build a studio in Australia.
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De Laurentiis Entertainment Group, formed last year in Los Angeles, said it plans to form a company with Australian investors to construct a “major” film studio in Australia and finance, produce and distribute films. Stephen R. Greenwald, president of De Laurentiis, said the new company hopes to raise between $18 million and $40 million through a public offering in Australia.
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