Kids
Disney revises executive compensation programme
MUMBAI: Media conglomerate Disney has announced that it has completed an update of the company’s senior executive compensation programme. Its revised long term incentive programme has received the approval by the company’s board of directors and its compensation committee.
The Disney Board’s compensation committee chairperson Judith Estrin said, ” This will help the company continue to attract and retain the best employees while better aligning their interests with those of our shareholders to position Disney for long-term success.
“Our executive compensation programme is evolving to better support the achievement of the company’s strategic goals and link our executives’ compensation even more closely to performance. These changes reflect the company’s continued commitment to strong corporate governance practices. We want to maintain our shareholders’ confidence by creating a stronger alignment between the interests of our management teams and those of our investors.
“At the same time, we want to attract and retain experienced and highly qualified executives by offering real ownership and great long-term financial incentives. We feel that the modifications we have made will help achieve that balance.”
The revised long-term incentive programme, was developed through a close collaboration between the compensation committee, its independent consultant and the company’s management. It will:
* Introduce new performance-based vesting requirements on a portion of long-term equity compensation granted to senior executives,
*Increase the proportion of restricted stock units (RSUs) and reduce the proportion of stock options used in long term incentive awards,
*Establish new equity ownership requirements for top management.
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.
