Reliance will provide $550 million in equity funding, and JPMorgan Securities will lead a $500 million-$700 million bank syndication to reconstitute DreamWorks as a private company separate from Paramount. Team Spielberg hopes to get a first wholly DreamWorks-produced project into production by September 2009, but DreamWorks executives also are expected to negotiate for the right to take one or more development projects with them.