Reliance and Disney are expected to make a formal announcement on Wednesday after signing a binding pact. Shankar is set to take a stake of around 9% in the new merged entity
Upcoming OTT releases this week: If you are keen to watch the latest movies or series this week, your search ends here. Check the latest upcoming series
FMCG brands expect to remain one of the strongest advertisers in IPL 2024
Reliance Industries hit a high of Rs 2,950 in intra-day deals on Friday, while the market capitalisation stood at Rs 19.96 trillion at the highest point of the day.
Disney on Thursday appealed a judge's dismissal of its free speech lawsuit over what it described as Governor Ron DeSantis' retaliatory takeover of Walt Disney World's governing district, as the Florida governor separately called any appeal "a mistake." "They were wrong and we were right," DeSantis said at a news conference in Jacksonville a day after the ruling. "They should move on." Disney filed a notice of appeal over Wednesday's ruling by a federal judge in Tallahassee, saying that it would set a dangerous precedent if left unchallenged by giving states the green light to weaponize their powers to punish opposing viewpoints. A separate lawsuit over who controls the district also is still pending in state court in Orlando. Disney had argued that legislation signed by DeSantis and passed by the Republican-controlled Legislature transferring control of the Disney World governing district from Disney supporters to DeSantis appointees was in retaliation for the company publicly ...
Under the deal, Viacom18, the broadcast division of Ambani's Reliance Industries will merge with Disney India businesses
A federal judge on Wednesday dismissed Disney's free speech lawsuit against Florida Governor Ron DeSantis, leaving the company's remaining hopes of regaining control of the district that governs Walt Disney World to a separate state court challenge. US District Judge Allen Winsor in Tallahassee said in his decision that Disney lacked standing in its First Amendment lawsuit against the Republican governor, the secretary of the Florida Department of Economic Opportunity and DeSantis' appointees to the Disney World governing district. The separate lawsuit is still pending in state court in Orlando. Disney had argued that legislation signed by DeSantis and passed by the Republican-controlled Legislature that transferred control of the Disney World governing district from Disney supporters to DeSantis appointees was in retaliation for the company publicly opposing the state's so-called don't say gay law. That 2022 law banned classroom lessons on sexual orientation and gender identity in .
Disney Star is mulling legal actions against Zee Entertainment for backing out from a USD 1.4 billion sub-licensing agreement for TV broadcast of international cricket matches in India, according to industry sources. This could brew another legal trouble for Zee Entertainment Enterprises Ltd (ZEEL), which is already facing an arbitration plea by Sony Group at the Singapore International Arbitration Centre, claiming USD 90 million for breach of conditions of their merger agreement. Disney Star, an Indian subsidiary of media conglomerate The Walt Disney Company, is working on its strategy over the development, said industry sources. If the rescinded agreement contained an arbitration clause, then Disney Star would have to resort to arbitration proceedings for the resolution of the dispute and if the agreement is short of the arbitration clause, then Disney could initiate legal proceedings to sue Zee for damages. ZEEL, which has already missed the first instalment of around USD 200 ..
Why has Disney failed to crack the Indian market? Did non-cricket sports have their day in the sun in 2023? EMs or DMs: Where will the money flow in 2024? What is Krutrim? Answers here
India's massive consumer market represents one of the biggest open market opportunities in the world. Yet the confusion that grips marketers - local and global - refuses to go
The 51:49 stock-and-cash consolidation in favour of RIL is expected to wrap up by February. Disney and Reliance are also likely to inject cash as capital investment
Plans for a step-down subsidiary of RIL's Viacom18 are being floated to absorb Star India through a stock swap
Kareen and Alia appeared on the fourth episode of Koffee with Karan, where both actresses shared a lot about their lives. Here are the key highlights of the episode
For the quarter ended September 30, Disney reported adjusted per-share earnings of 82 cents, topping an average forecast of 70 cents, according to LSEG data
Runaway expenses and the missing dividend were two key issues raised by activist investor Nelson Peltz, who is once again seeking board representation at the comany
The Star India business came to Disney as part of a $71 billion global acquisition of 21st Century Fox Inc.'s entertainment assets
The India-Pakistan match of the ICC Cricket World Cup played on Saturday created a new viewership record with the peak touching the 3.5 crore mark, according to Disney HotStar. The peak concurrency, which is the highest number of viewers during a live stream, for the Indo-Pak match on its OTT platform Disney+ Hotstar was nearly 3.5 crore. With this, it has surpassed the peak concurrency of 3.2 crore viewers of the IPL final between Chennai Super Kings and Gujarat Titans, played earlier this year. The match was also live telecast by Disney Star on Star Sports network but viewership numbers will be released only a week later by the television audience measurement body Broadcast Audience Research Council (BARC). Disney Star has exclusive broadcast and media rights for both linear and digital platforms. The India-Pak match was also screened by the leading multiplex operator PVR INOX at its selected cinema halls, where it reported a large number of visitors coming to watch the ...
Sources said that there is still no guarantee that negotiations between the two will result in a transaction
Disney is likely getting a boost as marquee global brands line up to tap India's massive consumer base, with advertising slots being sold at $3,600 a second
Ahead of the ICC World Cup 2023, Disney Star which has exclusive broadcast and media rights for linear and digital platforms, has roped in a record number of 26 sponsors and 500 advertisers so far, a top company official said on Wednesday. Several of these sponsors have opted for both TV and digital formats and some of them are sponsors only on TV or for digital, company's head for sports, Sanjog Gupta said. Disney Star is broadcasting all 48 matches of ICC Men's Cricket World Cup live on its TV channels and live streaming through its OTT platform Disney+ Hotstar. The company has custom-built packages for advertisers, which will serve their brand objectives. It is also giving a "big push" on the digital side this year, which allows advertisers to connect with specific audience cohorts. Moreover, the performance of the Indian team in the Asia Cup and the festive period, a time when there is a lot of buzz around consumers and spending in general from advertisers is coinciding with th