Financial Daily from THE HINDU group of publications
Tuesday, Apr 26, 2005
Financial Daily from THE HINDU group of publications Tuesday, Apr 26, 2005 |
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Industry & Economy
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Radio/TV Disney chief meets Kalam Our Bureau
New Delhi , April 25 AFTER the NewsCorp chief, Mr Rupert Murdoch visiting India, the Walt Disney Company's Chief Executive Officer, Mr Michael D Eisner, has come to review its operations here. And during his stop at the Capital, Mr Eisner met President, Mr A.P.J Abdul Kalam. According to officials, Mr Kalam was briefed about the media company's operations in India. "While, they spoke about the Disney Web site, the President showed them his own Web site," said a spokesperson. Mr Eisner along with the CEO-elect Mr Robert A Iger is now expected to meet the Prime Minister, Dr Manmohan Singh, the Information and Broadcasting Minister, Mr Jaipal Reddy, as well as other Government and business leaders, to explore and discuss future opportunities for Disney in the burgeoning market of India. According to an official statement, the Walt Disney Company has identified international expansion as one of its key strategic priorities and maintains a particular focus on growing markets such as India. Disney currently has several established businesses in India such as film distribution, consumer products and media networks. Besides review of its new channels, sources also said that senior officials of ESPN Software, a joint venture between Walt Disney and NewsCorp would make presentation to the Disney Chief on Tuesday. Meetings with Star India, the distributors of the Disney Channels and other partners are also scheduled in the next few days.
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