Reliance Industries and Walt Disney announced the merger of their media operations in India on Thursday, creating a formidable media entity valued at ₹70,352 crores. Before the merger, the two companies engaged in fierce competition for cricket streaming rights, which made customers the ultimate beneficiary. After clinching the IPL streaming rights, Reliance-backed JioCinema announced free …
Reliance, its portfolio Viacom18 and Disney are merging their media businesses in India, creating the largest media entity in the world’s most populous nation. Reliance, which will control the joint venture, directly owns 16.34% of the merged entity, which it has valued at $8.5 billion. Disney will own a 36.84% stake in the merged entity, …
Bob Iger said Wednesday that Disney “would like to stay” in India and is considering its options in the world’s most populous country where its TV business continues to pull profit but the crown jewel streamer Hotstar is struggling to contain the subscriber loss. Hotstar lost 2.8 million subscribers in the quarter ending September, widening …
Broadcasting major Disney+ Hotstar on Tuesday announced that it will make available free streaming of the upcoming season of Pro Kabaddi League for all the mobile users in India starting December 2, 2023 as it is the most watched sport in the country after cricket. “The popularity of Pro Kabaddi League spans across age groups …
Following the huge success of the 2023 Asia Cup and the current ICC Men’s Cricket World Cup, Disney+ Hotstar has revealed that all Indian mobile customers will be able to stream the upcoming season of Pro Kabaddi League for free. The decision to enable ad-supported streaming of the tenth edition of the Pro Kabaddi League …
Mumbai: Novi Digital Entertainment, which owns the Disney+ Hotstar streaming platform, has initiated a process to merge with its parent firm, Walt Disney Company-owned Star India. Both companies have already filed the scheme of merger with the Mumbai bench of the National Company Law Tribunal (NCLT). The division bench of judicial member Reeta Kohli and …
Walt Disney Co. is holding preliminary discussions with potential buyers for its India streaming and television business including billionaires Gautam Adani and Kalanithi Maran, according to people familiar with the matter. The US entertainment giant’s senior executives have also gauged the interest of private equity funds considering the company is exploring a range of options, …
In a major win for Disney Star, the Telecom Disputes Settlement and Appellate Tribunal has allowed the broadcaster to go ahead with free streaming of ICC cricket World Cup on their OTT platform Disney+ Hotstar. In September, the All India Digital Cable Federation (AIDCF) had urged TDSAT to instruct Star India to discontinue the free …
As the ICC World Cup 2023 approaches, Disney Star on Wednesday revealed its 26 sponsors, featuring prominent brands including — PhonePe, Mahindra and Mahindra Ltd, Dream11, Hindustan Unilever, Coca-Cola, Havells, IndusInd Bank, Pernod India, Booking.com, Peter England, Kingfisher Packaged Drinking Water, Mondelez, Emirates, Diageo, Jindal Panther, MRF Tyres, LendingKart, BPCL, Herbalife, Haier Appliances, AMFI, Google …
Even as rain dampened the smooth proceedings of the key India-Pakistan cricket clash that all cricket fans love to watch, Disney+ Hotstar has scored record runs with viewership. Disney+ Hotstar today set a new record during the India and Pakistan’s super 4 round match in Asia Cup with a peak concurrency of 2.8 crore viewers, …