The companies announced the service in February to woo younger viewers who are not tuned in to cable TV by bundling their broad portfolio of sports rights
The CCI has also asked the companies details on which entity owns which sports rights and for how long, as well as information on who had bid for them previously
Hacktivist group NullBulge accessed Disney's network through a compromised video game mod installed by a developer. Unlike typical hackers, the group appears to be uninterested in financial gains
Disney is working on a sequel to the 2006 hit movie 'The Devil Wear Prada' starring Meryl Streep, Anne Hathaway and Emily Blunt
Many top series and movies are going to be released on different OTT platforms like Netflix, Zee5, and Disney+ Hotstar. Here are the top 5 releases of this week
Karan Johar is returning with his popular talk show 'Koffee with Karan' in 2025. Season 8 of the show premiered on Disney+ Hotstar
Users pause content four to five times daily, with 90% of these pauses lasting less than 10 seconds; Disney+ Hotstar is the first platform in India to introduce the 'pause ads' feature
Under the agreement with the Central Florida Tourism Oversight District, Disney said it would spend at least $8 billion at the resort over a decade with a total of $17 billion invested over 10-20 year
Disney shareholders had last month backed CEO Bob Iger and other company directors after a multimillion-dollar, mud-slinging battle launched by Peltz and Blackwells Capital
The transaction values Tata Play Ltd. at about $1 billion, the people said. Tata Group took full control of the TV platform after buying the 29.8% stake from Disney
Customers will be able to sign up on any of the three individual websites and chose from an ad-free or ad-supported plan. No prices were disclosed
Revenue from traditional television business declined 8% to $2.77 billion and operating profit fell 22% from a year ago
Ananya Birla is the founder of microfinance company Svatantra Microfin and design house Ikai Asai; she is the elder daughter of Aditya Birla Group chairman Kumar Mangalam Birla
Disney amazed fans on Monday, April 29, with the arrival of the much-awaited mystery trailer for 'Mufasa: The Lion King,' the prequel to the 2019 remake of the classic animated movie
The USD 8.5 billion merger between Reliance and Disney helped the overall deal activity in the March quarter of 2024 reach a nearly two-year high, a report said on Tuesday. The overall number of transactions, including mergers and acquisitions and private equity investments, inched up to 427 from 422 in the quarter-ago period, but the values surged by 43 per cent to USD 20.416 billion, the report by the consultancy firm Grant Thornton Bharat said. This performance is the highest in deal activity since the June quarter of 2022, the report said. The March 2024 quarter witnessed a 36 per cent drop in the number of high-value deals of over USD 100 million from 28 to 18, while billion-dollar deals registered an uptick compared to the previous quarter. There were three billion dollar deals collectively valued at over USD 12 billion, that accounted for nearly 59 per cent of the total deal values in Q1 2024, it said. The overall deals included 120 merger and acquisition transactions, whil
For his own investors at Trian, Peltz is delivering what they care about most - returns
The board has extended Iger's retirement date five times, continually deferring decisions about finding a replacement
Disney shareholders rallied behind longtime CEO Robert Iger, voting Wednesday to rebuff activist investor Nelson Peltz and his ally, former Disney chief financial officer Jay Rasulo, who had sought seats on the company's board. The company had recommended a slate of directors that did not include Peltz or Rasulo. The dissident shareholders had said in a preliminary proxy filing that they wanted to complete a successful CEO succession at Disney and align management pay with performance. Disney announced in November 2022 that Bob Iger would come back to the company as its CEO to replace his hand-picked successor, Bob Chapek, whose two-year tenure had been marked by clashes, missteps and weakening financial performance. Iger was Disney's public face for 15 years as chief executive before handing the job off to Chapek in 2020, a stretch in which Iger compiled a string of victories lauded in the entertainment industry and by Disney fans. But his second run at the job has not won him ...
The companies are in preliminary talks about an acquisition of Disney's significant minority stake, which would value Tata Play at about $1 billion or more, the people said
Disney is relying on ValueAct's endorsement at a time it is fighting to fend off two other activist-investors - Blackwells and Trian Fund Management - as each firm lobbies for seats on Disney board