Reliance-Disney merger: An entertainment juggernaut emerges

Reliance-Disney merger: An entertainment juggernaut emerges

India’s largest media and entertainment business is getting stitched up, spanning 100 TV channels, two streaming platforms Disney+ Hotstar and JioCinema, rights to premier sporting tournaments, including cricket Indian Premier League, as well as a robust international catalogue of content as American entertainment conglomerate The Walt Disney Company and billionaire Mukesh Ambani’s Reliance Industries have … Read more

Sony begins talks with Disney to buy India biz

Sony begins talks with Disney to buy India biz

Mumbai: Sony Pictures Entertainment (SPE), the global entertainment unit of Japan’s Sony Group Corp., has initiated talks with Walt Disney Co. about a potential acquisition of its India business, said two people with direct knowledge of the matter. The preliminary discussions with Disney are part of Sony’s contingency plan in case its ongoing merger agreement … Read more