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July 1, 1999 | From Bloomberg News
The entertainment market in India took center stage today in Jeffrey Katzenberg's $580 million lawsuit against Walt Disney Co., his former employer. The piracy rate in the Indian home-video market will decline to about 10% in 2006 from 80% last year, and 65% of homes will have video players by 2040, up from 5% currently, according to Sameer Mithal, a consultant with Booz, Allen & Hamilton Inc.
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BUSINESS
July 1, 1999 | From Bloomberg News
The entertainment market in India took center stage today in Jeffrey Katzenberg's $580 million lawsuit against Walt Disney Co., his former employer. The piracy rate in the Indian home-video market will decline to about 10% in 2006 from 80% last year, and 65% of homes will have video players by 2040, up from 5% currently, according to Sameer Mithal, a consultant with Booz, Allen & Hamilton Inc.
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