Last month, Disney announced that it had signed a binding definitive agreement to form a joint venture with Reliance Industries Limited and Viacom 18 Media Private Limited that will combine the businesses of Viacom18 and Star India. As part of the transaction, the media undertaking of Viacom18 will be merged into Star India Private Limited […]
When Disney purchased 20th Century Fox in 2019 for over $71 billion, it acquired a large number of assets, including Star India, which included over 80 linear television channels, film studios, a minority stake in the satellite TV company Tata Sky and the streaming service Hotstar. Shortly after the launch of Disney+ in the United […]
Earlier this year, it was revealed that Disney was looking into potentially selling some or all of its assets in India, including its linear television business, film studios and Disney+ Hotstar. Disney acquired Star India after the purchase of 20th Century Fox in 2019. There have been many interested parties involved in talks with Disney […]
The last year has seen Disney making drastic changes to its business in an effort to save billions of dollars, which include a drastic reduction in its general entertainment content and laying off 7000 employees. Since Disney purchased 20th Century Fox in 2019, it has been dealing with the debt involved in the purchase. Since […]