After increasing its stake in the UTV-promoted television channel, Hungama, Walt Disney [Images] is all set to make an entry into the Hindi film industry. And their first project seems to be already underway.

Sources inform Gullu that Aishwarya Rai [Images] Bachchan had a long meeting with Disney officials two weeks ago, and they have decided to make a film with her. It will be directed by Mani Ratnam, and may also star Abhishek Bachchan [Images].

Ever since Mani Ratnam's brother, G Srinivasan, died in an accident, his production house, Madras Talkies, has been lying low. Guru (with Aishwarya and Abhishek) was the last film to be produced by Madras Talkies.

Mani Ratnam has never ventured out of his family's production house after it was formed. But now, it seems, he is keen to work with Disney and UTV.

The untitled film for which the script is being worked out will begin at the end of this year, and will release next year.