Adam B. Vary
August 17, 2009 AT 11:29 PM EDT

Almost a year after setting out on its own again as an independent film production company, DreamWorks Pictures announced today that it has finished its first phase of financing, with $825 million in total funding, multiple outlets are reporting. That figure includes $325 million arranged by JP Morgan Securities, another $325 million from Indian company Reliance Big Entertainment, and $175 million from Walt Disney Studios, which has a distribution and marketing deal with DreamWorks. “This [financing] will allow us to move ahead quickly into production with our first group of films,” said DreamWorks co-heads Stacey Snider and Steven Spielberg in a joint statement.

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