CANNES -- UTV, the Indian film and TV conglom backing M. Night
Shyamalan's "The Happening," has given its animation ambitions a leg up
with the greenlighting of a trio of cartoon features.
Company
is ramping up its UTV Toons division into an industrial scale
production-line capable of spitting out features on an annual basis.
The Mumbai-based facility is to grow from 300 staff at present to 1,000
and company is looking to recruit top line managers to oversee the
expansion and Hollywood-level creatives to guide the movie development
process. All three new movies will be fully digital, 3-D animations.
First
up is $9 million "Alibaba," retelling of the classic children's tale,
directed by Soumitra Ranade ("Jajantarum mamantaram") and set to be
delivered in the last quarter of 2008.
That will be followed by
$12 million-$14 million "Arjun," drawn from the Hindu epic
"Mahabarata." Pic is helmed by Arnab Goswami and skedded for completion
in mid-2009. Third pic is "Dream Blanket," a "Mulan"-like tale directed
by Simi Nallaseth, previously an animator on "Ice Age."
"The cost
of tentpole live-action movies in India will hit $15 million in two or
three years as talent costs and aud expectations of quality rise. We
are aiming to make animations as big as multi-star movies," said UTV
CEO Ronnie Screwvala. "These films will take Asian themes and target
South Asian auds both within the region and worldwide."
By Indian standards UTV will also innovate by hiring star voice talent -- and voicing a minimum of six language tracks.
"We
expect to fully finance our pictures, but will look for the kind of
co-production partners which can bring in ancillary distribution and
marketing skills," Screwvala said.
Conglom is in the process of
spinning off its entire movies division -- which is earning revenues
from "The Namesake" and "I Think I Love My Wife" -- into a stand- alone
company that will be listed on the AIM division of the London Stock
Exchange next month. UTV expects to retain 75% of the business.
Company
is in Cannes promoting Aishwarya Rai and Hrithik Roshan-starring
historical romancer "Jodha Akbar" and John Abraham-starring football
film "Goal."
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