NCLT adjourns hearing on Star India-Novi Digital merger

February 29, 2024

The National Company Law Tribunal (NCLT) adjourned the hearing in the scheme of arrangement between Walt Disney-owned Star India and its subsidiary Novi Digital Entertainment, which owns the streaming platform Disney+ Hotstar, to March 27. The hearing was postponed on February 21 because the Indian Performing Right Society (IPRS), which opposes the scheme, has informed …

star india: Hotstar’s owner to merge with Star India

October 12, 2023

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 …