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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 will create India's biggest entertainment player, with 120 TV channels and two streaming services, and will compete with Sony, Netflix and Amazon. (Reporting by Kashish Tandon in ...
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 ...
Disney acquired Indian streaming service Hotstar and Star TV channels, a household name in India, when it paid $71 billion for some 21st Century Fox global assets in 2019.
In April 2020, the Walt Disney Company merged Hotstar with Disney+ in India to form Disney+ Hotstar with Hotstar operating independently and coexisting with Disney+ in Canada and US, [38] since it launched on 4 September 2017; the United Kingdom on 13 September 2018; [39] and Singapore on 4 November 2020, prior to Disney+ in the country. [40]
In 2024, Employees of RIL revealed that Disney+ Hotstar and Jio Cinema would officially merge into a single platform. Back in February 2024, Reliance Industries and Disney agreed on a $8.5 billion merger of their media assets.
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 ...
India’s antitrust watchdog has expressed initial concerns about the proposed $8.5 billion merger between Reliance and Walt Disney’s media assets in the country, sources told Reuters on Tuesday.