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Ex Disney hand Montgomery to join DreamWorks Animation board

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MUMBAI: DreamWorks Animation SKG, Inc. has elected Michael J. Montgomery to its board of directors.

Montgomery currently serves as president of Montgomery & Co., a leading investment bank for growth companies in the information technology, communications, healthcare and media sectors, where he is responsible for leading the firm’s media and entertainment practice.

Before joining Montgomery & Co., he was CEO of Sega Gameworks, a joint venture between Sega, Universal Studios, and DreamWorks SKG. In 1995, Montgomery joined DreamWorks and was instrumental in raising $1 billion in private equity financing.

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Prior to his experience with DreamWorks, he was the executive vice president and chief financial officer of EuroDisney. Before assuming his role at EuroDisney, Montgomery was the vice president and treasurer of the Walt Disney Company where he was actively involved in the IPO of EuroDisney in 1989.

“I am pleased to welcome Michael to our board of directors. I believe that his wealth of financial and industry experience with some of the largest names in entertainment coupled with his history at DreamWorks makes him an ideal addition to our world-class board,” said DreamWorks Animation SKG chairman Roger Enrico.

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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.

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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.”

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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.

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