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The Walt Disney Company (India)
The Walt Disney Company India is the Indian subsidiary of The Walt Disney Company of the USA and is a premier entertainment company in India. The Walt Disney Company (India) is a public limited company, which develops and produces motion pictures and videos for children. The company is based in Mumbai, India and operates as a subsidiary of Walt Disney Company.
==Background==
Walt Disney India was formed in August 1993 with licensing agreement as a joint venture partnership between The Walt Disney Company and Modi Enterprises. Disney filed in October 2001 with the Foreign Investment Promotion Board to create a wholly owned subsidiary company to launch the Disney Channel in India. The Department of Industrial Policy and Promotion granted Disney an initial approval for the subsidiary but with Modi protesting do to similarities to their joint venture. When the 10 year licensing agreement ended, Modi and Disney could not come to a new agreement, thus ending the joint venture agreement in August 2003.
Walt Disney Television International (Asia Pacific) took over distribution of content in September 2003 to STAR Movies, AXN and HBO plus 29 hours of children's programs per week to DD Metro, Eenadu, SET, Star Plus and StarWorld.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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