June 11, 2007 / 7:04 AM / 12 years ago

Disney to sign Bollywood animation pact: WSJ

NEW YORK/MUMBAI (Reuters) - Walt Disney Co. is set to announce a joint venture with India’s Yash Raj Films to make animated films voiced by Indian movie stars, the Wall Street Journal said in its online edition on Monday.

In Mumbai, a spokeswoman for Yash Raj declined comment on the specifics of the report, but said a press conference was scheduled for Tuesday and that it concerned Disney.

The report said the venture will make at least one animated film per year.

A spokeswoman for Disney did not immediately return a call seeking comment.

Disney is looking for a bigger share of India’s rapidly growing media and entertainment market.

Last year it bought Hungama, a Hindi-language childrens’ entertainment channel from UTV Software Communications Ltd. and also took a 14.9 percent stake in the broadcaster.

Additional reporting by Rina Chandran and Jasudha Kirpalani in MUMBAI

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