Film Production
Cinestaan Film Company to produce three films
MUMBAI: Cinestaan Entertainment has unveiled its plans to produce films and shall soon foray into television and internet services as well. Rohit Khattar is the founder and chairman of Cinestaan, while Anand Mahindra is a major investor.
Cinestaan’s first subsidiary, the Cinestaan Film Company has announced its foray into film production with a three film agreement with Rakeysh Omprakash Mehra’s ROMP Pictures.
Rohit Khattar said, “I am delighted to announce the launch of Cinestaan Entertainment in partnership with Anand Mahindra. We share a common vision and similar tastes in story telling which shall, we hope, manifest in some good films. Cinestaan is committed to preserving the rich legacy of our cinema heritage for which we are working on several initiatives including an oral histories television project that shall celebrate the memories and contributions of our screen legends.”
He added, “To begin our film slate with a prodigal talent like Rakeysh Mehra is an incredible high and we are excited about developing these films with him. Cinestaan shall announce some more projects soon.”
Cinestaan Film Company’s first film as a co-production with ROMP Pictures will be the Rakeysh Mehra directed ‘Mirziya’. The second film ‘FanneyKhan’ is an official remake of an Oscar nominated film to be directed by Nitin Kakkar, the National Award Winner for Best Film “Filmistan” in 2013. The third film (yet untitled) shall again be directed by Rakeysh Mehra.
Film Production
Disney to cut 1,000 jobs under new chief executive
The entertainment giant’s freshly installed boss inherits a restructuring already in motion, with marketing and corporate roles bearing the brunt
CALIFORNIA: Walt Disney is preparing to slash up to 1,000 jobs in the coming weeks, the Wall Street Journal reported, as the entertainment giant’s freshly installed chief executive moves swiftly to trim fat and tighten the ship.
The cuts, less than 1 per cent of Disney’s global workforce of 231,000, will fall hardest on marketing and corporate roles. The planning, notably, began before D’Amaro formally took the top job in March, suggesting the new boss inherited a restructuring already in motion rather than one of his own making.
Driving the push is Asad Ayaz, Disney’s newly appointed chief marketing officer, who in January assumed command of a unified, company-wide marketing operation spanning film, television and streaming. His consolidation drive has been given a suitably cinematic internal name: Project Imagine.
The move is modest by Disney’s recent standards. Between 2023 and 2025, under former chief executive Bob Iger, the company eliminated roughly 8,000 positions across several brutal rounds of cuts, saving $7.5 billion, comfortably exceeding its own targets. As recently as June 2025, several hundred more jobs were axed across Disney Entertainment, hitting film and television marketing, publicity, casting, development and corporate finance.
Disney’s structural headaches are well-documented: shrinking streaming margins, a weakened box office, and fierce competition from Amazon and YouTube gnawing at its flanks. The company is merging its Disney+ and Hulu teams into a single app, has brought in consultants from Bain & Co to guide its broader cost strategy, and is betting heavily on digital growth.
The wider entertainment industry offers little comfort. Sony Pictures, Paramount and Warner Bros. Discovery have all taken the knife to their workforces in recent years, and further cuts loom if Paramount’s acquisition of Warner goes through.
For D’Amaro, the message is clear: there will be no honeymoon period. The magic kingdom still has some cost-cutting spells left to cast.
