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Disney subsequently merged Hotstar into its own Disney+ platform to create a mass-market streamer with a low price point. ... And when Jio streamed the IPL free of charge in 2023 it was able to ...
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]
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 ...
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 ...
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 ...
On May 14, 2024, It was reported the deal between Disney and Reliance was approved by National Company Law Tribunal, with the JioCinema streaming service being moved to the Digital18 unit as part of the merger. [33] [34] On 28 August 2024, the CCI has approved the merger of Disney+ Hotstar with Viacom18. [35]
(Reuters) - Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which have been split into three divisions, with each unit having its ...
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 ...