Walt Disney more serious about India
November 7th, 2007
Booming economy, growing income levels and increased spending trends and lifestyles are all very much visible in India. Needless to say both Domestic and International corporates are very much serious about India. Sectors like the Retail, Telecom and Media & Entertainment will be the first picks considering they are more close to the public compared to others.
Latest news from a business television channel, according to its sources, is that Walt Disney is looking for increasing its presence in India. Walt Disney already has a stake of about 14% in UTV, a well known media house in India and increasing this stake would be logically an easy step. Walt Disney already has bough Hungama TV from UTV sometime back.
With this news, the Indian Media section is all set to get an additional attention.
Entry Filed under: Equities, Media, Entertainment & Advertisement Sector, Buzzing News
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