Stat of the day: $454m

The amount Disney has offered for a stake in Bollywood.

Last Updated: 09 Oct 2013
From Hollywood to Bollywood: Disney wants to increase its foothold in India, one of the world's fastest-growing media and entertainment markets. The US movie giant already owns a share of UTV Software Communications, one of Bollywood’s largest film groups, but now it wants to up its stake: the company has offered $454m for the half it doesn’t own.

Film companies are eager to cash in on the success of Bollywood. The Indian media industry saw growth of 11% last year compared to the year before, and this year growth is expected to be 13%, according to KPMG. Hi ho, hi ho it’s off to India they go…  

Find this article useful?

Get more great articles like this in your inbox every lunchtime


Get your essential reading delivered. Subscribe to Management Today