A Quote by Ronnie Screwvala
How Hungama became the top children's channel in India is interesting because we were up against, not just Disney, but also Time Warner's Cartoon Network. It was an illustration of the fact that for any company that wants to grow in emerging markets, localizing content is the key.
Related Quotes
Disney is looking at growing in emerging markets - and for them India is an important market. They also recognize how important it is to partner with a local Indian company.
The parallel we like to make.... is the idea of becoming the next Warner Brothers, which is a company that creates the content, but they also produce the content. They also distribute; they also market. So we say that because Fine Bros. and Warner Brothers is fun to say.
I'm still very bullish on emerging markets. There's an emerging middle class. They're a growing group of customers. And frankly, they want Walmart. They want everyday low price. And that's why we are continuing to grow in the emerging markets around the world, too.
The issue for the major companies is how, is how when and where to make their content online. So you look at these major cable companies, whether it's Disney or Time Warner, News Corp., ESPN, USA, they're being very very careful, about making their content available over the internet, and they're trying to figure it out.
A lot of Disney Channel actors and actresses, when they stop working for Disney Channel, they have a real aversion for not wanting to be remembered by Disney Channel.
As I spent tons of time with customers, not just in the United States, but in emerging markets, in Europe, in Latin America, top of mind for everybody is how do they drive growth for their business going forward.
America's role in the global economy inevitably was going to diminish; we're smaller relative to - as China, India, other emerging markets grow.
Malcolm Gladwell was on TV talking about wanting to have college football banned. It's interesting just because of him even bringing the topic up. Sooner or later, whether people are for or against it whether they like it or not, that is going to be a discussion that is going to come up. That's how it all starts - someone brings up the inquiry: Should we continue to let our children play Pop Warner, high school, and college football? Ten, 15, 20 years from now, who knows where that conversation is going to be.
There was a time when watching a cartoon was a nurturing experience. You would watch a Warner Bros. cartoon, and at the end of it you could probably win 'Jeopardy.'
The new Disney cartoon 'Bambi' is interesting because it's the first one that's been entirely unpleasant.
I was with top CEOs in 2009, and they were clearly shaken. Top leaders of Wall Street and elsewhere, shaken. The ones at the top did get by because if they are seeing a decline somewhere, there is also growth elsewhere, like in emerging economies.
When I was, like, 16, I went in to the head of Disney, and I hadn't taken acting class really at all, and I didn't know what I was doing, and it was really embarrassing. Of course, you think Disney wants over-the-top and funny, and I was just trying to be over-the-top and funny, and it just wasn't working, and that was the worst.
Just about every actor wants to be a Disney cartoon voice at some point.
In order to protect against being disrupted, startups also need to recruit employees that are committed to life-long learning. The skills that made your team members valuable may not be the skills needed to take your company to the next level or to compete in emerging markets.
When the economies of emerging markets don't just grow but beat expectations, there's scarcely a mention.
So many people from the West are coming into India, all the studios have come into India, and they're making films here, whether that's Fox, Warner Bros, Disney, everyone. That stands as testament for us, so why are we afraid of sharing our talent with the world? We must.
Related Authors
Bill Gates Quotes
American
Businessman
Charlie Munger Quotes
American
Businessman
Dieter F. Uchtdorf Quotes
German
Businessman
Henry Ford Quotes
American
Businessman
Jim Rohn Quotes
American
Businessman
Joseph B. Wirthlin Quotes
American
Businessman
Mark Cuban Quotes
American
Businessman
Mark Zuckerberg Quotes
American
Businessman
Peter Drucker Quotes
American
Businessman
Richard Branson Quotes
British
Businessman
Russell Simmons Quotes
American
Businessman
Sam Altman Quotes
American
Businessman
Steve Jobs Quotes
American
Businessman
Tom Peters Quotes
American
Businessman
Walt Disney Quotes
American
Businessman
Warren Buffett Quotes
American
Businessman