India’s Maya Looks To Build Toon Studio & School in Thailand
Indian animation firm Maya Ent. is seeking a joint venture partner to launch a studio and training facility for animators in Bangkok, Thailand, reports VARIETY. Graffiti has been hired as consultants to begin discussions with parties like GMM Grammy, Thailand's biggest entertainment firm, and telcos True Corp. and Shin Corp. Thailand was chosen due to its political stability, pool of talent and lower costs. Maya will own a 49% stake in the co-venture and plans to invest up to $2 million to start the animation school and $2.5 million to form the studio.