May 4, 2009

THE MYTH OF CHINA MEETS THE REALITY OF INDIA:

U.S. Media See a Path to India in China’s Snub (TIM ARANGO, 5/04/09, NY Times)

After many years of fervent lobbying and deal-making in China, American media companies have little to show for their efforts there and are increasingly shifting their attention instead to India.

Media executives still believe that Chinese audiences are receptive to Western culture — “SpongeBob SquarePants” is a big hit in China — but many companies have been pulling back out of frustration over censorship, piracy, strict restrictions on foreign investment and the glacial pace of its bureaucracy. [...]

Increasingly, that focus is India, a country with a fast-growing economy and fewer government impediments for foreign media companies. In March, the Motion Picture Association of America opened an office in India for the first time, in Mumbai. A little over four years ago, Dan Glickman became the head of the association, and he has visited China several times.

“The feeling was that there were greater opportunities then than there are now,” he said.

This is a stark reversal.

Posted by Orrin Judd at May 4, 2009 6:46 AM
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