Hollywood thriller-maker Manoj Night Shyamalan's next movie The Happening will have an Indian connection.
City-based UTV will finance half of the $57 million project along with 20th Century Fox studio.
"I am so happy that I am tying up with UTV because I am always looking for an Indian connection in my movies," Shyamalan told reporters here via video conference from the US.
"Moreover, I was looking for a partner to finance half my movie so that I can have ownership rights over the movie rather than just selling it to the studio," Shyamalan said on Wednesday night.
The Happening, which Shyamalan described as "a supernatural movie that looks at an apocalyptic event that a family is caught in", will go on floors this August and aim for a summer 2008 release.
Explaining the rationale behind bringing UTV into the picture, the director said, "These days studios prefer to co-produce movies with independent producers because it gives them scope to spread out their risks.
"They can make double the movies with the same amount of money. Also it benefits the director because he can then have ownership rights of the film and he gets some amount of control."
Director of the much-acclaimed The Sixth Sense and other thrillers like Signs and Unbreakable, Shyamalan, who was born in India, confessed that he hardly watched Indian movies but expressed a desire to make a film with Indian actors.