Walt Disney

Newly merged Star India-Viacom18 to boast cash reserves of over Rs 19K cr

The newly merged Star India-Viacom18 will have over Rs 19,000 crore in cash reserves, enabling the company to invest in its digital and sports sectors, which may face short-term losses

Disney, DirecTV fail to reach distribution deal, subscribers lose access

Disney balked at DirecTV's request for discounts and lower distribution thresholds, one person familiar with the negotiations said

Deal with Disney marks new era in entertainment industry: Mukesh Ambani

A day after anti-trust regulator CCI greenlit the mega merger of media assets of RIL and Walt Disney, Reliance Chairman Mukesh Ambani on Thursday said the deal marks the beginning of a new era in India's entertainment industry. Welcoming Disney to the Reliance family, Ambani said just like Jio and the Retail business, the expanded media business will be an invaluable growth centre in the Reliance ecosystem. "Let us now talk about our partnership with Disney. This marks the beginning of a new era in India's entertainment industry. We are combining content creation with digital streaming," he said at the RIL AGM. On Wednesday, Competition Commission of India approved the merger of media assets of Reliance Industries and The Walt Disney Co to create the country's largest media empire worth over Rs 70,000 crore. Reliance, through holding firm Network 18, owns TV18 news channels as well as a plethora of entertainment (under the 'Colors' brand) and sports channels. "We will provide ...

CCI gives nod to $8.5 bn Disney-Reliance media assets merger deal

CCI's nod comes with subject to "certain voluntary modifications"

Walt Disney tasks Morgan Stanley's Chairman Gorman to lead CEO search

Disney won a months-long proxy war earlier this year with activist investor Nelson Peltz who argued the company had underperformed

CCI warns Disney, Reliance media merger could harm competition: Report

Antitrust experts had warned the merger, announced in February, could face intense scrutiny, especially on the sporting rights issue

Fox, Disney, Warner Bros's sports-streaming JV priced at $42.99 per month

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

Sony appoints Walt Disney executive Gaurav Banerjee as new India CEO

Banerjee has resigned from Disney's India unit where he was the head of content for its streaming service

Reliance, Disney seek antitrust nod with cricket rights assurance: Report

The deal is set to reshape India's $28 billion media and entertainment market, where the Reliance-Disney combo will compete with Netflix, Amazon Prime, Zee Entertainment and Sony

Venu Sports: Disney-Fox-WBD sports-streaming venture to be launched soon

Announced in February, the service will try to woo younger viewers who are not tuned in to cable TV with bundled offering of the companies' broad portfolio of professional and collegiate sports rights

Disney, Warner Bros to start streaming bundle of Disney+, Hulu and Max

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

'Mufasa: The Lion King': Disney's Live-Action Prequel Movie Gets First Look

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

Nelson Peltz loses board room fight at Disney; changes may still be ahead

For his own investors at Trian, Peltz is delivering what they care about most - returns

Hunt to find Disney CEO Bob Iger's successor kicks into high gear

The board has extended Iger's retirement date five times, continually deferring decisions about finding a replacement

Walt Disney poised to claim victory in bitter Nelson Peltz board fight

If Disney does prevail, it will be a victory for Chief Executive Bob Iger as he steers the Mouse House through the industry's shift to streaming

Blackwells Capital sues Disney over ties to ValueAct in proxy fight

Disney offered to meet with Blackwells and provide documentation confirming that ValueAct had stopped managing Disney pension funds but Blackwells declined the offer

In search for its next CEO, Disney board focuses on four divisional heads

Iger is spending time with all of the internal candidates to help them understand how he approaches the job and give them exposure to business units they're not familiar with

Disney failed to disclose ValueAct's past money management role: Blackwells

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

Disney faces charges of up to $2.4 billion due to Star India's removal

The impairment charges stem from the merger agreement between Walt Disney and RIL aimed at creating an $8.5-billion media entity by combining Star India and Viacom18

RIL-Disney 'game-changing' deal gets a thumbs-up from analysts

The development will be negative for other players such as Zee, analysts said, who will now have to compete with a much larger entity