Robert A Iger will take over as the chief executive officer of the Walt Dsney company with effect from September 30, 2005.
Walt Disney CEO Michael Eisner, who is in India on an official visit, on Tuesday met Prime Minister Manmohan Singh.
Reliance Industries Limited (RIL), Viacom18 Media (Viacom18), and The Walt Disney Company announced on Thursday that they have completed the merger of Viacom18's media and JioCinema businesses into Star India (SIPL), creating a mega joint venture valued at Rs 70,352 crore. The new entity will be guided by three chief executive officers (CEOs), "who will lead the company into a new era of ambition and disruption", according to a joint statement. Kevin Vaz will lead the entertainment division across all platforms, Kiran Mani will head the combined digital division, and Sanjog Gupta will oversee the sports operations.
Fox shareholders will receive 0.2745 Disney shares for each share held.
Now, high profile media barons have an India visit in their itinerary. Four months after the launch of two Disney channels in India, Walt Disney's CEO Michael D Eisner plans to visit India next week along with his successor, Robert A Iger.
The list was topped by Oracle's Larry Ellison last year.
Billionaire Mukesh Ambani-led Reliance Industries has completed the merger of its media assets with the India business of global media house Walt Disney and formed a joint venture with a valuation of over Rs 70,000 crore. The JV will be one of the largest media and entertainment companies in India with a combined revenue of approximately Rs 26,000 crore and will be led by Nita Ambani as its chairperson, according to a joint statement.
20 CEOs are from the companies based in US.
Guess who else features on the Variety500 list?
Chanda Kochhar is among the three Indians in Time's Most Influential list.
8 CEOs on the list are female, and they far outpace the median pay for the Equilar 100 as a whole
