Disney Partners With Tencent, China Group for Animation
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Walt Disney Co., the world’s largest entertainment company, formed a partnership with Tencent Holdings Ltd. and a Chinese state group to develop animation content for the country and the international market.
Andy Bird, chairman of Walt Disney International, signed an agreement in Beijing with Tencent, China’s biggest Internet company, and the Ministry of Culture’s China Animation Group, the Burbank, California-based company said in a statement today. Disney will help train local talent and develop original content for television, movies and digital platforms, it said.