Television

Lean Disney to focus on core strengths

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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.

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