MUMBAI: During a â€œfireside chatâ€ with investors at UBSâ€™s 35th annual Global Media and Communications Conference, Motion Picture Association of America, Inc. (MPAA) chairman and CEO Dan Glickman discussed the global and technological opportunities facing the motion picture industry.
â€œThrough innovative partnerships and groundbreaking investment deals, the major motion picture studios are staying at the forefront of global commerce. MPAA member studios are actively adapting their business models to meet todayâ€™s international market trends and to provide consumers with a greater variety of entertainment options,â€ Glickman said.
He highlighted the astounding growth in movie distribution and sales in several developing nations such as
When discussing the challenges faced by the industry, Glickman noted that filmmakers from
â€œWe want a marketplace that is responsive to the many ways consumers want to enjoy movies – one that respects intellectual property rights and opens avenues for doing business and enjoying movies,â€ he said.