Kids
Disney set to cut down on costs with fewer films
MUMBAI: Despite the fact that the Pirates of The Carribean sequel set a record by crossing the $100 million mark in the first three days of release, US media conglomerate Disney is set to cut the number of films made each year from 18 to eight.
Media reports indicate that the trend among Hollywood studuios is to reduce their overall costs, whether it is in production, marketing, distribution or legal costs. Disney‘s plan is to make less films under both Touchstone and Miramax. It will focus on making films under its own brand name.
The number of people employed in its film division will be reduced by upto 25 per cent. Disney is said to be looking to focus more on family films as there is more revenue potential there in terms of merchandising opportunities.
Apart from the Pirates sequel, The Chronicles of Narnia did really well last year. At the same time, there were failures with Alamo bing the biggest. Media reports indicate that studio revenue is being affected by production and marketing costs. The DVD market is also slowing down.
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.
