The film industry is buzzing with the news of the Walt Disney Company, one of the biggest studios in the world, shutting down their motion pictures division in India, and Siddarth Roy Kapur, the current Managing Director, being asked to step down without an extension of his contract – however, I am not surprised a single bit.
Reason? I expected this long back. Not that I claim to be a visionary but after having spent over 6 years at various film studios, I figured that the illogical ways in which studio heads function make no sense at all. So I happily returned to the US, where I am producing television shows. TV here is as maddening but there is some sense in its insanity. But in Bollywood, I could see this coming. I have been in touch with all my friends in the Hindi film industry and am in the know about how the tide has turned for the worst. Let me explain how, step by step.
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Source Credits: A Krishna in The Quint