Monday, March 15, 2004
Walt Disney explores India as production base
Press Trust of India Mumbai,, March 15
Global entertainment major The Walt Disney Company is exploring India as a production base for its animation and feature films, and is planning to tap the country's commercial ability, including that in radio, animation and TV broadcasting and content.
"India is a significant base for outsourcing of entertainment content and co-production, and we are on a fact-finding exercise in the country", Walt Disney Chief Operating Officer (COO) Andy Bird said in Mumbai on Monday. Bird, who had met Information and Broadcasting Minister Ravi Shankar Prasad, said investing in radio, music and film industry would be the company's priority.
He said Walt Disney intends to have a powerful presence in India. I&B Minister said he had briefed Walt Disney COO of India regulatory and cultural framework and added that the government would discuss on all possibilities, including tying up with Films Production Division and other organisations in the country.
© Hindustan Times Ltd. 2004.