After four years of partnership between Walt Disney and UTV Motion Pictures, Disney is now all set to pull out of the partnership. Owing to losses incurred from the Hindi films that the production had been associated with, such a decision is being taken.
We hear, UTV-Disney’s head, Sidharth Roy Kapur too is all set to quit post the release of Aamir Khan’s Dangal which is under their banner.
While an official announcement regarding the pull out is yet to be done, reports suggest that it will be out by early September.
Apparently, Disney will continue the distribution of Hollywood films but opt out of the Hindi film business.
UTV’s founder Ronny Screwvala is all set to start his own production company and we hear, Sidharth Roy Kapur may join him soon.
Jagga Jasoos and Dangal are the only two upcoming projects with the banner.