The Walt Disney Company and billionaire Mukesh Ambani’s Reliance Industries have merged their massive Indian TV and streaming businesses, ending months of speculation. As per the agreement, Reliance’s ...
After weathering significant streaming losses, Walt Disney Co. is combining its India business with a venture owned by top local conglomerate Reliance Industries. The companies announced Wednesday ...
The merger of Indian media assets of Reliance, its portfolio Viacom18 and Disney will create an entity that captures 85% of the country's on-demand streaming service audience and about half of the TV ...
Reliance will invest $1.4 billion into the joint venture, which is valued at $8.5 billion, while Disney will provide a content license. By Alex Weprin Senior Editor Disney is officially merging its ...
Disney’s merger with Reliance Industries in India is going ahead after the country’s competition authority gave the deal a greenlight. In a social media post earlier today, the Competition Commission ...
BENGALURU, Nov 23 (Reuters) - Walt Disney said on Thursday its TV channels in India and digital streaming platform both set new viewership records in the recently concluded men's cricket World Cup. A ...
The next few weeks could shape the future of Walt Disney in the world’s most populous country. The Star India network was among the crown jewels Disney (DIS) acquired when it bought most of 21st ...
Reliance Industries Ltd., controlled by Asia's richest tycoon, Mukesh Ambani, is nearing a cash and stock deal to buy Walt Disney Co.'s India operations, according to people familiar with the matter.
Disney has taken another big step toward realigning its India strategy. The company has signed a non-binding term sheet with Reliance Industries that would see the two merge their Indian operations, ...
Disney is in process of selling its India operations to Reliance Industries for around $10 billion (€9.43bn). Disney has been exploring options to sell or find a partner and has held talks with ...
Reliance Industries Ltd., controlled by Asia’s richest tycoon Mukesh Ambani, is nearing a cash and stock deal to buy Walt Disney Co.’s India operations, according to people familiar with the matter.