Disney is not abandoning local content production in India, despite a decision last year to close its Bollywood film making side. The country is often overshadowed by the growth of China, but prospects for India are very bright, says Andy Bird, chairman of Walt Disney International.
“I’ve never been more excited about India,” said Bird, speaking at the Asia Pacific Video Operators Summit (Apos) convention in Indonesia on Wednesday “That comes after a decade of frustration.”
Bird pointed to the launch last year of Jio by industrial giant Reliance Industries as a recent example of market expansion. Jio, which offers low cost and widely available broadband, now claims over 108 million subscribers in the space of just a few months.
Bird said that his decision to close down Disney’s Indian film production operations last year has been misunderstood by the industry. The decision was taken in November last year,...
“I’ve never been more excited about India,” said Bird, speaking at the Asia Pacific Video Operators Summit (Apos) convention in Indonesia on Wednesday “That comes after a decade of frustration.”
Bird pointed to the launch last year of Jio by industrial giant Reliance Industries as a recent example of market expansion. Jio, which offers low cost and widely available broadband, now claims over 108 million subscribers in the space of just a few months.
Bird said that his decision to close down Disney’s Indian film production operations last year has been misunderstood by the industry. The decision was taken in November last year,...
- 4/26/2017
- by Patrick Frater
- Variety - Film News
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