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JioCinema is an Indian subscription video-on-demand over-the-top streaming service owned by JioStar, a joint venture between Reliance Industries, Viacom18 and Disney India. the service was launched on 4 May 2016.
According to its terms, Reliance would hold 51% of the merged company in cash and stock, while Disney would own the remaining 49%. For purposes of the merger, a subsidiary of Viacom18 was created to absorb Disney Star through a stock swap, [53] pending ratification and regulatory approval. [54] [55] [56] [57]
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 ...
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 ...
As Ambani snatched IPL rights away in a $2.9 billion bid in 2022 and streamed the games for free, Disney subscribers fled - out of 61.3 million Hotstar users in October 2022, 23 million had left ...
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 ...
In 2001, Star India acquired South India based Vijay TV. [11] In 2003, Star India's deal with NDTV ended and Star News was made into a 24-hour news channel. Disney bought it in 2009 for $2 Million or 2 Cnt venture (JV) with Anand Bazar Patrika Group to comply with the regulations set for uplinking of news and current affairs channels by the Government of India.
Japan's Sony Group in January pulled the plug on a $10 billion merger deal with Zee that had been in the works for two years, citing unresolved "closing conditions" and leadership disputes. SONY INDIA