Kids
Disney on track to lose millions on ‘The Alamo’
MUMBAI: Looks like the Western is turning out to be a shaky bet for movie studios. Last year The Missing turned into a loss making proposition for Sony. Now The Alamo which cost well over $100 million to make is poised to cost Disney a substantial loss. In its opening weekend it managed to make only $ nine million.
An AP report states that the flop has led some analysts to reduce the second-quarter earnings estimates for Disney. Even if The Alamo fares better overseas analysts still expect it to lose money.
The report adds that so far Disney could be forced to write off around $150 million on the films it has released this year. Another flop was Hidalgo which was panned by critics as being a second rate Sea Biscuit.
Meanwhile an AFP report added that Disney’s stock fell by 2.4 per cent. Media analysts said that it was extremely unusual for a single film to influence the share price of an entertainment company that has diversified its operations.
As reported earlier by indiantelevision.com Disney’s CFO Tom Staggs said that the group would increase earnings by 40 per cent this year rather than the expected 30 per cent.
Kids
Mukta Arts and Green Gold ink MOU to animate iconic film IPs
Kalicharan, Karz, Hero, Karma, Ram Lakhan to spawn animated shows plus features.
MUMBAI: When classic hindi movie meets animation, the result is a fresh reel of nostalgia with a cartoon twist. Mukta Arts Ltd. and Green Gold Animation have signed a Memorandum of Understanding (MOU) to collaborate on animated shows and feature films drawn from Mukta Arts’ four-decade treasure trove of iconic IPs. The partnership taps Mukta’s SGM Animation Studio launched in 2025 as its dedicated animation and games arm and Green Gold’s proven track record in building scalable, homegrown franchises. Creative teams from both sides have already kicked off discussions, with the first project currently in development.
The slate will draw inspiration from landmark Mukta films including Kalicharan, Karz, Hero, Karma, Ram Lakhan, Khalnayak, Saudagar and Iqbal, plus character-led spin-offs from those universes. The aim is to reimagine these stories for today’s young, global audiences while preserving their emotional core.
Green Gold Animation (home of Chhota Bheem) founder and CEO Rajiv Chilaka said, “This partnership with SGM Studios allows us to apply our experience in building long-lasting animation IPs to a truly iconic film catalogue. Together, we aim to create animated worlds that are rooted in these legendary stories, yet designed to connect with today’s young, global audiences.”
Mukta Arts Ltd. filmmaker and founder Subhash Ghai added, “Mukta Arts has always believed in creating stories with lasting emotional value. Through animation, we are extending our IP into a new medium for the next generation.”
In an industry where timeless tales never go out of fashion, this collaboration promises to bring beloved characters back to life with a modern, animated glow proving that some stories are too good to stay in live-action. Stay tuned for the first animated frame to drop.
