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Bloomberg: Disney is investing in the Steven Spielberg film “The BFG,” deepening its relationship with the director of “Jaws” and “E.T.” It’s the first time Spielberg has directed a Disney-branded picture. Production on the Vancouver-based project has begun, Disney said. The film is based on the Roald Dahl children’s book about a big friendly giant. Walden Media, Denver billionaire Phil Anschutz’s production company, is also an investor in the film.