Technoglitch
Core Member
In 2012, when Walt Disney collaborated with UTV to form UTV Disney, UTV Motion Pictures was already a big player in the movie producing business.
It had films like Swades, Rang De Basanti, Jodha Akbar, Peepli Live in its repertoire. With a Disney collaboration, UTV went on to co-produce more successful films, such as Chennai Express, Haider, Dishoom, and Kick.
However, Disney is gearing up to pull out of this partnership with UTV, citing loses and an unviable partnership.
According to this Economic Times report, Disney is going to focus only on Hollywood films distribution and TV licensing and merchandising by pulling the plus on the Hindi film business.
If rumours are to be believed, an official announcement is expected around first week of September, and Kapur's succesor as head of UTV will be Abhishek Maheshwari, who is currently the head of corporate strategy and business development.
Livemint reports that Kapur is likely to make an official announcement after the release on Aamir Khan starrer Dangal, which is in December this year. He may be joining Screwvala in his new venture.
This year, Disney UTV has released four films, of which only one has been a successful venture. Saala Khadoos, Fitoorand Mohenjo Daro have been flops, whereas Tiger Shroff-starrer Baaghi is the only profit making film for the studio.
They have Dangal and Jagga Jassoos coming up, but maybe that did not seem to be a viable reason to renew their partnership contract.
Disney may pull out of UTV partnership citing losses; could Mohenjo Daro be the reason? - Firstpost
It had films like Swades, Rang De Basanti, Jodha Akbar, Peepli Live in its repertoire. With a Disney collaboration, UTV went on to co-produce more successful films, such as Chennai Express, Haider, Dishoom, and Kick.
However, Disney is gearing up to pull out of this partnership with UTV, citing loses and an unviable partnership.
According to this Economic Times report, Disney is going to focus only on Hollywood films distribution and TV licensing and merchandising by pulling the plus on the Hindi film business.
If rumours are to be believed, an official announcement is expected around first week of September, and Kapur's succesor as head of UTV will be Abhishek Maheshwari, who is currently the head of corporate strategy and business development.
Livemint reports that Kapur is likely to make an official announcement after the release on Aamir Khan starrer Dangal, which is in December this year. He may be joining Screwvala in his new venture.
This year, Disney UTV has released four films, of which only one has been a successful venture. Saala Khadoos, Fitoorand Mohenjo Daro have been flops, whereas Tiger Shroff-starrer Baaghi is the only profit making film for the studio.
They have Dangal and Jagga Jassoos coming up, but maybe that did not seem to be a viable reason to renew their partnership contract.
Disney may pull out of UTV partnership citing losses; could Mohenjo Daro be the reason? - Firstpost
