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Reuters reported last month that Disney Hotstar's CEO Sajith Sivanandan resigned from the role as business integration gathered pace for the merger. The entertainment division will be led by Kevin ...
In October 2024, Employees of RIL revealed that Disney+ Hotstar and JioCinema will officially merge into a single platform. Back in February 2024, Reliance and Disney agreed on a $8.5 billion merger of their media assets. Nita Ambani will serve as the chairperson of the merged entity while Uday Shankar from Bodhi Tree Systems will be the vice ...
In August 2024, the National Company Law Tribunal approved a deal between Disney and Reliance Industries where JioCinema and Viacom18 would be merged into Digital18. [62] In November 2024, Disney and Reliance Industries agreed to merge Star India and Viacom18. The deal was reported to be valued at $8.5 billion. [63]
The HBO series Last Week Tonight faced several instances of censorship on Hotstar since the purchase of the service by Disney; two episodes were edited to remove jokes referencing Disney characters, including a November 2019 episode on the US census relating to a PSA featuring Mickey Mouse (where Oliver claimed the character was a "crack addict ...
India’s entertainment landscape shifted Thursday as Reliance Industries and Disney completed their long-awaited media merger, creating an Indian powerhouse valued at $8.5 billion. The deal ...
The merger values the India business of the U.S. entertainment giant at just around $3 billion, far lower than the roughly $15 billion valuation when Disney acquired it as part of its Fox deal in ...
Hotstar (now Disney+ Hotstar) is the most subscribed–to OTT platform in India, owned by Star India as of July 2020, with around 300 million active users and over 350 million downloads. [4] According to Hotstar's India Watch Report 2018, 96% of watch time on Hotstar comes from videos longer than 20 minutes, while one–third of Hotstar ...
The venture will form India's biggest entertainment player, competing with Sony, Netflix, and Amazon. India approves $8.5bn Reliance-Disney entertainment mega-merger Skip to main content