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Figment!
06-12-2007, 01:01 AM
Disney to Sign Bollywood Animation Pact




Reuters
June 11, 2007

NEW YORK/MUMBAI - Walt Disney Co. is set to announce a joint venture with India's Yash Raj Films to make animated films voiced by Indian movie stars, the Wall Street Journal said in its online edition on Monday.

In Mumbai, a spokeswoman for Yash Raj declined comment on the specifics of the report, but said a press conference was scheduled for Tuesday and that it concerned Disney.

The report said the venture will make at least one animated film per year.

A spokeswoman for Disney did not immediately return a call seeking comment.

Disney is looking for a bigger share of India's rapidly growing media and entertainment market.

Last year it bought Hungama, a Hindi-language childrens' entertainment channel from UTV Software Communications Ltd. and also took a 14.9 percent stake in the broadcaster