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Tag: Disney India

  • Lean Disney to focus on core strengths

    Lean Disney to focus on core strengths

    MUMBAI: World’s biggest media and entertainment group with over US$22 billion in annual revenue The Walt Disney Company is prepared to restructure its India operations under the recently-appointed managing director Mahesh Samat, who rejoined in October.

    Disney has lately been working towards a lean structure, aligned more to the international organisational set-up. The India operations will be focusing on consumer products business and Hollywood films — its main strengths.

    After sustaining major losses, Disney has planned to temporarily drop its Hindi film production business that includes interactives, media networks, licensing and merchandising.

    Disney India head of revenue – media networks Nikhil Gandhi and head of interactive Sameer Ganapathy have resigned already. Also, Disney India may reportedly trim its workforce by 35-40 per cent in a couple of months.

    It was earlier reported that Disney India may be closing down game development at Indiagames. Ganapathy, who had replaced Indiagames co-founder Vishal Gondal after Indiagames was acquired by Disney, lead the interactive business which included development and delivery of multiplatform games and digital products including apps for multi-brands under The Walt Disney Company – Indiagames, Disney, Marvel, UTV, and Disney Pixar.

  • Lean Disney to focus on core strengths

    Lean Disney to focus on core strengths

    MUMBAI: World’s biggest media and entertainment group with over US$22 billion in annual revenue The Walt Disney Company is prepared to restructure its India operations under the recently-appointed managing director Mahesh Samat, who rejoined in October.

    Disney has lately been working towards a lean structure, aligned more to the international organisational set-up. The India operations will be focusing on consumer products business and Hollywood films — its main strengths.

    After sustaining major losses, Disney has planned to temporarily drop its Hindi film production business that includes interactives, media networks, licensing and merchandising.

    Disney India head of revenue – media networks Nikhil Gandhi and head of interactive Sameer Ganapathy have resigned already. Also, Disney India may reportedly trim its workforce by 35-40 per cent in a couple of months.

    It was earlier reported that Disney India may be closing down game development at Indiagames. Ganapathy, who had replaced Indiagames co-founder Vishal Gondal after Indiagames was acquired by Disney, lead the interactive business which included development and delivery of multiplatform games and digital products including apps for multi-brands under The Walt Disney Company – Indiagames, Disney, Marvel, UTV, and Disney Pixar.

  • Disney India acquires rights of ‘Freaktown’

    Disney India acquires rights of ‘Freaktown’

    MUMBAI: Disney India has acquired the Canadian animated comedy series ‘Freaktown’ from Portfolio Entertainment. Broadcasters in the UK and Denmark have also acquired the rights for the same movie.

    Sony Pictures Television-owned UK channel Kix, Disney in India, and DR Ultra in Denmark will air the ’26×30′ series, which premiered on Teletoon in Canada in June. Based on a concept from Peter Ricq and Philippe Ivanusic, the creators of YTV series The League of Super Evil, ‘Freaktown’ is aimed at six- to-11-year-olds and follows a bunch of friendly freaks fighting against the forces of cuteness.

    The deals come after broadcasters including Cartoon Network, The Walt Disney Company and ABC in Australia acquired rights to the show last year.

    The Walt Disney Company started its India operations in 2004 with its head office located in Mumbai and has significantly expanded its footprint in the country. Today, it is one of the leading film studios and film distributors in India; one of the largest TV networks with eight popular channels targeting kids, youth and families; a leading player in the digital, interactive and games segment and the largest licensor in the consumer products space.

  • Disney India acquires rights of ‘Freaktown’

    Disney India acquires rights of ‘Freaktown’

    MUMBAI: Disney India has acquired the Canadian animated comedy series ‘Freaktown’ from Portfolio Entertainment. Broadcasters in the UK and Denmark have also acquired the rights for the same movie.

    Sony Pictures Television-owned UK channel Kix, Disney in India, and DR Ultra in Denmark will air the ’26×30′ series, which premiered on Teletoon in Canada in June. Based on a concept from Peter Ricq and Philippe Ivanusic, the creators of YTV series The League of Super Evil, ‘Freaktown’ is aimed at six- to-11-year-olds and follows a bunch of friendly freaks fighting against the forces of cuteness.

    The deals come after broadcasters including Cartoon Network, The Walt Disney Company and ABC in Australia acquired rights to the show last year.

    The Walt Disney Company started its India operations in 2004 with its head office located in Mumbai and has significantly expanded its footprint in the country. Today, it is one of the leading film studios and film distributors in India; one of the largest TV networks with eight popular channels targeting kids, youth and families; a leading player in the digital, interactive and games segment and the largest licensor in the consumer products space.

  • Chakra movies to air on Toonami; Astra Force coming soon

    Chakra movies to air on Toonami; Astra Force coming soon

    MUMBAI: After its successful debut on Cartoon Network in 2013, Graphic India and Stan Lee’s “Chakra The Invincible” is back with three new installments of “Made for TV” movies for Turner International. Chakra is the brainchild Graphic India’s Sharad Devarajan, and POW Entertainment founder Stan Lee, who is credited with creating billion-dollar character intellectual properties such as the Spider-Man, the Hulk, the Fantastic Four, Iron Man, Daredevil, Thor and the X-Men.

    Sixty to 70 mins long, the first of the three installments, Chakra Rise of the Infinitus, was aired on Turner’s Toonami last Sunday, while the second and third animated movies are scheduled for December-end and first half of 2017.

    “The movie will subsequently be aired on other Turner channels such as Cartoon Network,” said Devarajan. “I have had a great long-standing partnership with Krishna Desai who heads Turner’s kids content division. He is a true fan of comics books; Stan Lee and I saw the true potential for this kind of unique content,” Devarajan added on choosing Turner as the broadcast partner.

    To make the content travel to regional markets as well, the movies have been produced in English, Hindi, Tamil and Telugu feeds. Apart from its TV broadcasts in India, Graphic India is largely looking into syndicating the TV movies to other international markets. “Our partnership is only for the Indian market, but Graphic India is aggressively expanding to other markets with foreign broadcasting partners as well. We have already partnered with Angry Birds creators, Rovio Entertainment, and its digital platform ToonsTV, making Chakra as the first third-party character to have launched on the platform.”

    The character received a warm welcome from the fan boys in the United States. “Kids from the mid-west America have been found dressing up as an Indian superhero in cosplay conventions and birthday parties — that is how popular it is in the western markets,” Devarajan shared, adding that 100,000 copies of the comic book have been distributed in the North American market.

    Devarajan also has big plans to market the character in India, starting in the next two to three months which will tied to the promotion of the live action Bollywood film inspired by Chakra, announced by Phantom Films (in 2017).

    “We will be pushing the distribution of the comic book, organise live events, and ensure that Chakra has a visibility in games, merchandise and promotions deals with brands in India.”

    Devarajan shied away from discussing the actual budget of the latest series of TV movies, but he reassured that they have scaled up the production.

    “Now that we are getting international market attention about distribution, the more we move to multi-market, the scope of expanding both, scale and budget, increases. Working only in the Indian market gives us limited options, but when foreign players are willing to invest, we naturally consider a higher budget,” he added.

    Apart from Chakra The Invincible, Graphic India will also see its long-announced animated series “Astra Force” (featuring an animated Amitabh Bachchan) see the light of the day this year-end with Disney India being the broadcast partner.

  • Chakra movies to air on Toonami; Astra Force coming soon

    Chakra movies to air on Toonami; Astra Force coming soon

    MUMBAI: After its successful debut on Cartoon Network in 2013, Graphic India and Stan Lee’s “Chakra The Invincible” is back with three new installments of “Made for TV” movies for Turner International. Chakra is the brainchild Graphic India’s Sharad Devarajan, and POW Entertainment founder Stan Lee, who is credited with creating billion-dollar character intellectual properties such as the Spider-Man, the Hulk, the Fantastic Four, Iron Man, Daredevil, Thor and the X-Men.

    Sixty to 70 mins long, the first of the three installments, Chakra Rise of the Infinitus, was aired on Turner’s Toonami last Sunday, while the second and third animated movies are scheduled for December-end and first half of 2017.

    “The movie will subsequently be aired on other Turner channels such as Cartoon Network,” said Devarajan. “I have had a great long-standing partnership with Krishna Desai who heads Turner’s kids content division. He is a true fan of comics books; Stan Lee and I saw the true potential for this kind of unique content,” Devarajan added on choosing Turner as the broadcast partner.

    To make the content travel to regional markets as well, the movies have been produced in English, Hindi, Tamil and Telugu feeds. Apart from its TV broadcasts in India, Graphic India is largely looking into syndicating the TV movies to other international markets. “Our partnership is only for the Indian market, but Graphic India is aggressively expanding to other markets with foreign broadcasting partners as well. We have already partnered with Angry Birds creators, Rovio Entertainment, and its digital platform ToonsTV, making Chakra as the first third-party character to have launched on the platform.”

    The character received a warm welcome from the fan boys in the United States. “Kids from the mid-west America have been found dressing up as an Indian superhero in cosplay conventions and birthday parties — that is how popular it is in the western markets,” Devarajan shared, adding that 100,000 copies of the comic book have been distributed in the North American market.

    Devarajan also has big plans to market the character in India, starting in the next two to three months which will tied to the promotion of the live action Bollywood film inspired by Chakra, announced by Phantom Films (in 2017).

    “We will be pushing the distribution of the comic book, organise live events, and ensure that Chakra has a visibility in games, merchandise and promotions deals with brands in India.”

    Devarajan shied away from discussing the actual budget of the latest series of TV movies, but he reassured that they have scaled up the production.

    “Now that we are getting international market attention about distribution, the more we move to multi-market, the scope of expanding both, scale and budget, increases. Working only in the Indian market gives us limited options, but when foreign players are willing to invest, we naturally consider a higher budget,” he added.

    Apart from Chakra The Invincible, Graphic India will also see its long-announced animated series “Astra Force” (featuring an animated Amitabh Bachchan) see the light of the day this year-end with Disney India being the broadcast partner.

  • Disney plays Fun Indiagames with Den

    Disney plays Fun Indiagames with Den

    MUMBAI: Indian Cable Television Distribution Company Den Network Limited and Disney India’s gaming arm Indiagames have launched ‘Fun Games,’ a subscription based gaming service. The service will offer a range of exciting games from the catalogue of Indiagames branded titles.

    Den Networks CEO SN Sharma said, “Disney India is to launch exciting games for kids under the name of Den Fun Games.’’

    Further, he emphasized, “At Den, we give the best value for money by using the most advanced technology.”

    “Today, MSOs reach out to major population in India and, by collaborating with Den, we are able to popularize our gaming content amongst them,” said Disney India – interactive, VP and head, Sameer Ganapathy.

    Den’s Fun Games offers three games which will be refreshed regularly for players to acquire new skills. The games include Egg Jump, Mailbox and Tower of Hanoi and are available for monthly Rs 45 and quarterly Rs 90 subscriptions.

  • Disney plays Fun Indiagames with Den

    Disney plays Fun Indiagames with Den

    MUMBAI: Indian Cable Television Distribution Company Den Network Limited and Disney India’s gaming arm Indiagames have launched ‘Fun Games,’ a subscription based gaming service. The service will offer a range of exciting games from the catalogue of Indiagames branded titles.

    Den Networks CEO SN Sharma said, “Disney India is to launch exciting games for kids under the name of Den Fun Games.’’

    Further, he emphasized, “At Den, we give the best value for money by using the most advanced technology.”

    “Today, MSOs reach out to major population in India and, by collaborating with Den, we are able to popularize our gaming content amongst them,” said Disney India – interactive, VP and head, Sameer Ganapathy.

    Den’s Fun Games offers three games which will be refreshed regularly for players to acquire new skills. The games include Egg Jump, Mailbox and Tower of Hanoi and are available for monthly Rs 45 and quarterly Rs 90 subscriptions.

  • Disney India confirms ending Hindi film production

    Disney India confirms ending Hindi film production

    MUMBAI: Reams and reams of newsprint and countless words have been written over the past week, about the exit of Disney India from the motion picture business and the departure of its managing director Siddharth Roy Kapur. The company refrained from reacting to any of the news reports.

    But it has now decided to issue an official statement confirming that it is indeed bringing down the curtains on its bold Hindi production initiative which it once considered as a crown jewel when it acquired UTV from Ronnie Screwvala four years ago.

    “We periodically review and realign our business priorities in response to evolving market dynamics. Given the challenges with the current economic model for investing in the local film industry, we intend to shift the focus of our film strategy to driving our Hollywood movie slate in India. These movies have enjoyed considerable success, including The Jungle Book, which is the highest-grossing Hollywood movie of all time in India. We remain optimistic about the incredible potential of the Indian market and will continue to invest in growing the Disney brand in India with our movies, television networks, consumer and interactive products, and live experiences,” reads the official statement from the company, which is to be attributed to ‘Disney spokesperson.’

    While Disney India has reserved all comments about Sid hanging up his boots, there is clear indication that he is quitting as a headhunt has commenced to find a replacement for him. .

    To many industry observers the decision to bring up the closing scene to its Hindi film production story, is not a sudden move but is a very calculated step that seeks to have it focusing on nurturing the revenue generating businesses rather than doing the balancing act at the local box office.

    While some may point that it is the dud performance of Mohenjo Daro at the box office that served as the catalyst behind this decision, it is the overall market dynamics that doesn’t favour profitability in the movie making business, is Disney India’s belief.

    The Hindi box office has been declining in the last few years whereas Hollywood has grown by almost 50 per cent this year. Out of the 250 plus Hindi movies that release every year and within the top 20, less than half the films make profits for the investing studio. Considering the cost of each film, it is very hard to get that money back and make moolah with the limited screens that the country has, shared a veteran in the movie distribution business. Even if a movie does make money, a lion’s share of that profit goes to the stars.

    Since Walt Disney is in the business of making money, staying in the Hindi film market doesn’t make sense for it.

    “Few of the projects that they have greenlit didn’t make practical sense honestly. Filmmakers and studios need to draw realistic budgets if they are to stay in business. A movie like Mohenjo Daro that required a heavy budget due to its historic storyline didn’t seem like a sensible investment from a business standpoint. Not to mention instead of a solo release, it hit the screens with another project and therefore the number of screens it was exposed to were less,” opined Mumbai-based film distributor Rajesh Thadani.

    To be fair to Disney India, Thadani shared that several other studios including Balaji and 20th Century Fox have had their fair share of mistakes and calls this development at Disney India a cue for the film industry to do a reality check for a more realistic approach to making films. “It won’t impact the film making in the industry but it definitely has given the corporate world food for thought,” he shared.

    While the studio will not sign any new production deals in the Indian film market, it will release the promised magnum opuses with due diligence — Dangal in December 2016 and Jagga Jasoos in April 2017.

  • Disney India confirms ending Hindi film production

    Disney India confirms ending Hindi film production

    MUMBAI: Reams and reams of newsprint and countless words have been written over the past week, about the exit of Disney India from the motion picture business and the departure of its managing director Siddharth Roy Kapur. The company refrained from reacting to any of the news reports.

    But it has now decided to issue an official statement confirming that it is indeed bringing down the curtains on its bold Hindi production initiative which it once considered as a crown jewel when it acquired UTV from Ronnie Screwvala four years ago.

    “We periodically review and realign our business priorities in response to evolving market dynamics. Given the challenges with the current economic model for investing in the local film industry, we intend to shift the focus of our film strategy to driving our Hollywood movie slate in India. These movies have enjoyed considerable success, including The Jungle Book, which is the highest-grossing Hollywood movie of all time in India. We remain optimistic about the incredible potential of the Indian market and will continue to invest in growing the Disney brand in India with our movies, television networks, consumer and interactive products, and live experiences,” reads the official statement from the company, which is to be attributed to ‘Disney spokesperson.’

    While Disney India has reserved all comments about Sid hanging up his boots, there is clear indication that he is quitting as a headhunt has commenced to find a replacement for him. .

    To many industry observers the decision to bring up the closing scene to its Hindi film production story, is not a sudden move but is a very calculated step that seeks to have it focusing on nurturing the revenue generating businesses rather than doing the balancing act at the local box office.

    While some may point that it is the dud performance of Mohenjo Daro at the box office that served as the catalyst behind this decision, it is the overall market dynamics that doesn’t favour profitability in the movie making business, is Disney India’s belief.

    The Hindi box office has been declining in the last few years whereas Hollywood has grown by almost 50 per cent this year. Out of the 250 plus Hindi movies that release every year and within the top 20, less than half the films make profits for the investing studio. Considering the cost of each film, it is very hard to get that money back and make moolah with the limited screens that the country has, shared a veteran in the movie distribution business. Even if a movie does make money, a lion’s share of that profit goes to the stars.

    Since Walt Disney is in the business of making money, staying in the Hindi film market doesn’t make sense for it.

    “Few of the projects that they have greenlit didn’t make practical sense honestly. Filmmakers and studios need to draw realistic budgets if they are to stay in business. A movie like Mohenjo Daro that required a heavy budget due to its historic storyline didn’t seem like a sensible investment from a business standpoint. Not to mention instead of a solo release, it hit the screens with another project and therefore the number of screens it was exposed to were less,” opined Mumbai-based film distributor Rajesh Thadani.

    To be fair to Disney India, Thadani shared that several other studios including Balaji and 20th Century Fox have had their fair share of mistakes and calls this development at Disney India a cue for the film industry to do a reality check for a more realistic approach to making films. “It won’t impact the film making in the industry but it definitely has given the corporate world food for thought,” he shared.

    While the studio will not sign any new production deals in the Indian film market, it will release the promised magnum opuses with due diligence — Dangal in December 2016 and Jagga Jasoos in April 2017.