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Disney is not abandoning local content production in India, despite a decision last year to close its Bollywood filmmaking side, says Andy Bird, chairman of Walt Disney International. He also feels that the country is often overshadowed by the growth of China, but prospects for India are very bright.
"I've never been more excited about India. That comes after a decade of frustration," Bird said at the Asia Pacific Video Operators Summit (APOS) convention in Indonesia on Wednesday, reports variety.com.
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, at a time when the company's in-house developed "Dangal" starring Aamir Khan was breaking box office records.
'Disney not abandoning local content production in India'
"I've never been more excited about India. That comes after a decade of frustration," Bird said at the Asia Pacific Video Operators Summit (APOS) convention in Indonesia on Wednesday, reports variety.com.
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, at a time when the company's in-house developed "Dangal" starring Aamir Khan was breaking box office records.
'Disney not abandoning local content production in India'
