According to some developmental sources, producerSiddharth Roy Kapur has decided to step down and quit The Walt Disney Co. (India) in the month of January. He is likely to start his own business which, in an email, he has recently confirmed to his employees.
“As a result of that conversation, we put in place a succession plan aimed at finding the right leader to take over, and guarantee a smooth transition,” Bird says on the return of the former CEO Mahesh Samat. Samat is speculated to come back to his previous position which was held between 2008 to 2012 by him. As per as some sources, he is rightly to take charge officially on November 28.
Kapur, on the other hand, has headed the Indian arm of the Americanconglomerate. It is currently operating not only Disney and UTV Motion Pictures but also is known as a channel of network television from the last couple of years.
In 2005, Siddharth joined UTV. After three years, he took over the position of a chief executive officer of UTV Motion Pictures in the year 2008. In 2012, right after the integration of UTV with The Walt Disney Co. (India), he held a role of a managing director-studios. Soon after, he was nominated asthe managing director of Disney India in the year 2014.
However, if we go with some sources, Kapur is going to join hands with the big Bollywood celebs like Aamir Khan, Ronnie Screwvala, Karan Johar along with some distributors to form a production, projection as well as digital company. They are likely to have acquired a stake inUnited Mediaworks Pvt. Ltd (UMW) to present asizeable presence in places such as some parts of Bihar, Uttar Pradesh and even Madhya Pradesh!
Shuddhi,Karan Johar’s long-delayed project is supposed to be their firstcollaboration. Another film featuring Hrithik is in the list of collaboration. Both are expected to hit the silver screen with flying colours.
While there have been a number of speculations of names who will replace Kapur in Disney, other sources sayAmrita Pandey could be an obvious choiceat Disney India. Let us wait for the official announcement unill then stay tuned.